RECENT NEWS  4 hrs ago  Comment 
NEW YORK (TheStreet) EURUSD -- Euro/dollar sells off The EURUSD lost dramatic ground Thursday but stabilized into the week's close on Friday. However, the trend clearly remains bearish and so any push higher this week will be watched closely for...
MarketWatch  5 hrs ago  Comment 
The British pound is trading at levels not seen since November 2013 after a weekend poll showed unexpected strength in the camp in favor of independence.  6 hrs ago  Comment 
We reality checked the main currency options for an independent Scotland last week here are the best of your comments and emails Last week we carried out a reality check on the main currency options being discussed for an independent Scotland....
The Hindu Business Line  6 hrs ago  Comment 
Currency midday update for Sept 8, 2014 by Mecklai Financial ...  7 hrs ago  Comment 
LONDON (dpa-AFX) - Associated British Foods Plc. (ASBFY.PK, ABF.L), owner of the Primark retail chain, in its pre-close trading update, Monday said it still expects full-year adjusted earnings per share to increase from last year, boosted by 17...
New York Times  Sep 7  Comment 
The videos serve as both propaganda and time machine, trying to wipe away centuries of civilization and suggest that the dreamed-of caliphate flourishes and blood is cheap currency.
Wall Street Journal  Sep 7  Comment 
Two firms are racing to bring a publicly traded bitcoin fund to market. Potential investors should consider the extraordinary risks of investing in the virtual currency.
Forbes  Sep 7  Comment 
A recent piece published by the St. Louis Fed concluded that inflation has been low because of a sharp decline in the velocity of money reflecting money hoarding by the public. This conclusion got a great deal of attention by the talking heads on...
The Hindu Business Line  Sep 7  Comment 
Continued foreign portfolio inflows limited the currency’s fall, but have not helped it move higher
Wall Street Journal  Sep 5  Comment 
Long an exporting powerhouse, Japan Inc. used to embrace a weakening of the yen with open arms, but now there's debate over whether a further fall in the currency could be too much of a good thing.


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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