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Mondo Visione  2 hrs ago  Comment 
Comptroller of the Currency Thomas J. Curry today discussed the Bank Secrecy Act and other issues before the Institute of International Bankers. Related Links Remarks Comptroller of the Currency Thomas J. Curry  
Forbes  4 hrs ago  Comment 
The company?s underlying performance is clearer when we exclude the impact of currency fluctuations. For the fourth quarter of 2014, while the retailer?s earnings per share improved 10% year over year on a reported basis, it increased 20% on a...
MarketWatch  5 hrs ago  Comment 
Negative interest rates and an undeclared global currency war could mean tough times ahead for investors, warns Bill Gross in his latest monthly outlook, while also pondering what breed of dog he most resembles.
Forbes  6 hrs ago  Comment 
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the Emerging Markets Local Currency Bond ETF (EMLC), where 5,200,000 units were destroyed, or a 9.4% decrease...
Wall Street Journal  8 hrs ago  Comment 
Tiny plastics company Scheu is one of a growing number of Swiss businesses that are exploring extraordinary measures to combat the local currency’s surging value.
The Times of India  9 hrs ago  Comment 
Bucking the uptrend in stocks, the rupee on Monday weakened four paise to finish at 61.87 against the dollar due to sustained demand for the American currency from banks and importers.
The Hindu Business Line  10 hrs ago  Comment 
Forbes  10 hrs ago  Comment 
A record 290 newcomers joined the Forbes billionaires list in the last year as world markets defied international turmoil. While wars, diseases and currency crises made headlines, tycoons from every continent but Antarctica managed to mint new...
MarketWatch  10 hrs ago  Comment 
The dollar shrugs off a slate of weak economic data Monday to trade higher against the euro, yen and pound, benefiting from a surprise rate cut from the People’s Bank of China.
Benzinga  11 hrs ago  Comment 
Coffee trading has been steady and mostly higher. NY May Coffee was trading a little higher at 141.70, up 1.20. Market talk continues about Southern Hemisphere weather and currency values. The trading range is rather narrow. Traders are expected...
Wall Street Journal  Mar 2  Comment 
Solid European manufacturing data boosted the euro Monday, but support proved temporary and stocks also failed to gain sustained traction amid lingering concerns over the economic future of Greece




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See also Currency Pairs.

A currency is a unit of exchange that can be used to purchase goods and/or services in one or more countries. With the notable exception of the European Union, most countries have a monopoly over the production and supply of their respective currencies.

Depending on the way a country manages its currency in the foreign exchange market, it can be either fixed rate (as in China) or floating rate (as in the United States) with respect to other currencies. In a fixed rate regime, the currency's value is matched to the value of another currency, a basket of currencies or some other measure of value (like gold) - in such cases, the country's central bank will trade the currency to maintain the fixed exchange rate - for example, by agreeing to always exchange a fixed amount of the country's currency for a fixed amount of the currency to which it's pegged. In a floating rate regime, supply and demand dictates the currency's exchange rate, and the currency's value will fluctuate on the basis of the country's balance of trade, deficits, interest rates, and other factors

Current exchange rates are called spot prices. In contrast, Exchange rates set for currency transactions in the future are called forward prices. These prices are generally specified in forward contracts that are used by cross-border companies to hedge against currency risk.

This is the chart for Euros per 1 U.S. Dollar. Scroll down for a list of other currencies on Wikinvest.



Currencies on Wikinvest

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