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MarketWatch  24 min ago  Comment 
The U.S. dollar fell against its major rivals on Friday, dropping to its lows of the session after a pair of weak datapoints raised new questions about the strength of the economy.
Financial Times  2 hrs ago  Comment 
New accounting rules and sterling’s fall blow £312m hole in football body’s finances
NPR  5 hrs ago  Comment 
President Trump is beating a path back toward the center on economic policy. Some economists think it may be due to influence from Trump advisers like Gary Cohn and Jared Kushner.
Yahoo  11 hrs ago  Comment 
Japanese and South Korean shares fell while the won currency came under pressure on Friday, as rising tensions in the Korean peninsula dented confidence in the world's economy. The dollar was on the back foot against many other currencies after...
MarketWatch  Apr 13  Comment 
Bets that the bitcoin price will fall have surpassed bets that it will rise for the first time since February, stoking speculation that the digital currency could headed for a new all-time high.
NPR  Apr 13  Comment 
President Trump is already well-known for not sticking to his guns. But his appeal has been more visceral than policy-based anyway, as one political science professor explains.
The Economic Times  Apr 13  Comment 
Although cash availability with banks has improved, dispensation of currency notes at ATMs has suddenly taken a hit.
Wall Street Journal  Apr 13  Comment 
China has spent nearly $1 trillion—a quarter of its currency reserves—over the past 2½ years to keep its currency from falling too fast. But cash isn’t the only thing it’s putting at risk; economic growth could suffer as well.
Mondo Visione  Apr 13  Comment 
The Office of the Comptroller of the Currency (OCC) announced its Office of Innovation will host two days of office hours for national banks, federal savings associations (FSAs), and financial technology companies (fintech companies) wishing to...
Financial Times  Apr 13  Comment 
US president abandons campaign pledge to brand China a currency manipulator




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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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