RECENT NEWS
The Economist  7 hrs ago  Comment 
SINCE OUR print-edition piece last week, Ukraine’s economy seems to have stabilised a little. The currency fell by about 2% this week against the dollar, much better than what happened the week before (when there was a 14% drop). Ukraine's...
Forex News  9 hrs ago  Comment 
The Australian dollar fell earlier today as economic data from around the world suggested that global growth is losing steam. Yet the currency demonstrated resilience and bounced back to the opening level as of now.(...)Read the rest of...
OilVoice  9 hrs ago  Comment 
Source U.S. Energy Information Administration based on Bloomberg Note The U.S. dollar index measures the value of the U.S. dollar against a basket of six currencies39 exchange rates the euro
Financial Times  10 hrs ago  Comment 
Haven allure of Japanese currency could be fading
Wall Street Journal  Nov 20  Comment 
Turmoil in global currency markets hit India’s rupee, which fell to its weakest in over nine months, as the Japanese yen’s losses against the U.S. dollar accelerated, pushing the currency to a fresh seven-year low.
The Hindu Business Line  Nov 20  Comment 
Currency midday update for Nov 20, 2014 by Mecklai Financial ...
Wall Street Journal  Nov 20  Comment 
The yen tumbled against major currencies in Asia, hitting a seven-year low against the dollar as investors remained eager to sell the Japanese currency following extra easing by the Bank of Japan late last month.
Capital Essence's Investment Blog- 錢途集團 » Page not found  Nov 20  Comment 
This is Capital Essence’s U.S. Market Trading Map - Daily ETF Trend Report for Thursday November 20, 2014. From a list of more than 30 U.S. listed Currency (FOREX) the scan conducted after the close had found a couples of interesting trading...




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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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