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The Hindu Business Line  18 min ago  Comment 
Currency daily report for July 20, 2015 by Veracity Financial Services
newratings.com  21 min ago  Comment 
CANBERA (dpa-AFX) - The U.S. dollar continued to be strong against the other major currencies in the Asian session on Monday, as upbeat U.S. economic reports released on Friday raised expectations that the Fed would its interest rate soon. The...
BBC News  8 hrs ago  Comment 
Has the euro lost some of its currency?
Financial Times  Jul 19  Comment 
Use of the virtual currency has soared as a way to bypass capital controls
Forex News  Jul 19  Comment 
The Canadian currency had a pretty rough week, falling against most of its major peers. And yet it was not the weakest currency during the past week as it was still able to gain on the euro and the New Zealand dollar.(...)Read the rest...
Daily FX  Jul 17  Comment 
The British Pound surged and finished as top-performing G10 currency through Friday’s close. Here’s what to watch.
newratings.com  Jul 17  Comment 
WASHINGTON (dpa-AFX) - The dollar is turning in a mixed performance against its major competitors Friday, but is little changed overall. The U.S. currency is up modestly against the Euro, but is slightly weaker against both the Japanese Yen and...
Forex News  Jul 17  Comment 
The US dollar gained on the euro today but was flat versus the Great Britain pound and the Japanese yen. Still, the currency was at the highest level in more than a month against the basket of other major currencies and was heading...
Forbes  Jul 17  Comment 
To quote the Wizard of Oz– there’s no place like home. This has proven to be true for the beverage manufacturer Dr Pepper Snapple, which has done well in recent times, despite lacking the growth opportunities in emerging markets that its much...
TechCrunch  Jul 17  Comment 
 What if you could get rid of your driver’s license? We’re not there yet, but ShoCard just raised $1.5 million from Morado Ventures Partners, AME Cloud Ventures, Enspire Capital and Digital Currency Group to do just that. Read More




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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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