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Yahoo  38 min ago  Comment 
Currency trading platform EBS has been approached by major banks to provide a computerized system removing much of the human element behind a scandal over the manipulation of currency benchmarks by lenders, a senior EBS manager said. EBS, one of...
Financial Times  47 min ago  Comment 
US currency’s uptrend supported by shortlived pullbacks
Forbes  2 hrs ago  Comment 
It was an eventful quarter for Unilever, as the company made a number of minor acquisitions in the personal care space during the three months ended March 31st. On the other hand, divestments in the foods business seemingly took a back seat as the...
Financial Times  4 hrs ago  Comment 
Rising jobless rate combines with budget deficit and election uncertainty to unnerve currency
MarketWatch  9 hrs ago  Comment 
The greenback finds downside support after Japanese importers started taking advantage of recent weakness to pick up the U.S. currency.
The Economic Times  Apr 14  Comment 
The stock of Tata Consultancy Services (TCS) has been the worst hit over the past six months among the top five IT exporters listed on Indian bourses.
Benzinga  Apr 14  Comment 
In a new research report released this week, Dodd Kittsley, head of ETF strategy at Deutsche Asset & Wealth Management, created an in-depth perspective on the effects of currency hedging. This joint effort with Abby Woodham, ETF strategist at...
Yahoo  Apr 14  Comment 
It's earnings season, and a strong dollar means CEOs citing currency headwinds, but investors should stick to plans and remain diversified.
Reuters  Apr 14  Comment 
Recent shifts in exchange rates should help the global economy, boosting Japan and Europe in particular, amid increasing divergence in the growth paths of the world's major economies, the International Monetary Fund said on Tuesday.
FiercePharma  Apr 14  Comment 
Johnson & Johnson revealed that its hepatitis C drug Olysio succumbed to U.S. competition. With Gilead Sciences' two-in-one pill Harvoni and AbbVie's Viekira Pak now on the scene, the J&J drug saw sales drop by two-thirds--and it was one of J&J's...




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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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