SeekingAlpha  26 min ago  Comment 
By Michael Pettis: This may be excessively optimistic on my part, but there seems to be a slow change in the way the world thinks about reserve currencies. For a long time it was widely accepted that reserve currency status granted the provider of...
Forex News  2 hrs ago  Comment 
The US dollar demonstrated a weekly loss for the first time in many weeks. Yet the drop was not as big as it might have been as the risk-negative market sentiment helped the US currency to regain part of its strength...
MarketWatch  Oct 10  Comment 
After recording 12 straight weeks of growth, the U.S. Dollar Index finishes the week lower for the first time since early July.
SeekingAlpha  Oct 10  Comment 
By David Schauber, Jr.: Before the stock market opened on Thursday, October 9, food and beverage behemoth PepsiCo (NYSE:PEP) reported its earnings for their fiscal third quarter, which ended on Sept. 6, 2014. Let's see how they made out for the...
SeekingAlpha  Oct 10  Comment 
By Lars Christensen: With the dollar continuing to strengthen, and now the Japanese yen starting to take off as well, central bankers in the US and Japan are likely increasingly becoming worried about the deflationary tendencies of stronger...
MarketWatch  Oct 10  Comment 
The dollar traded slightly higher against rivals Friday as troubling data out of Europe set the euro up to finish lower for a third straight week.
Forex News  Oct 10  Comment 
Poor economic data from Australia led to the second session of losses for the Australian dollar today. The currency attempted to gain ground but was unsuccessful so far, though it trimmed its losses.(...)Read the rest of Second Session of...
Wall Street Journal  Oct 10  Comment 
As the ruble collapses, wealthier Russians are buying up to $200,000 at a time and storing the greenbacks in safe-deposit boxes. But the less well-heeled are also less worried by the currency’s fall.
The Economic Times  Oct 10  Comment 
Dealers said besides increased demand for the American currency from importers, the dollar's strength against other Asian currencies overseas, put pressure on the local unit.


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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