A Currency Review and Futures Report
The US dollar had a good week to close out October. It was bolstered to new highs against the euro and yen. It is driven by both positive developments in the US and negative developments in Europe and Japan. ...
China Presses on with Renminbi Internationalization
Over the past several decades, we have seen how China’s high economic growth and increasing economic integration with other countries have led to a dramatic increase in its clout in global output and trade. Over the past several decades, we...
Getting Technical with the Dollar
If the worst of the market panic is behind us, it is worthwhile exercise to see what the charts are saying about the dollar. One advantage of technical analysis is that the fundamental causes and considerations behind the large moves...
Heavy Trading in the Dollar Starts Off the Week in Currencies
The US dollar is trading heavier against most of the major and emerging market currencies. The euro and sterling remain within the ranges seen before the weekend while dollar slipped to JPY107 in a Tokyo-less Asian session. The US dollar...
The Dollar Correction May or May Not Be Over and Other Currency Moves
Last week was of two halves. The dollar correctly lower through midweek and then recovered. While the dollar's losses were pared, it still managed to fall against nearly all the major currencies. However, it finished the week on a firm...
Sterling gets pounded after YouGov poll shows slim majority favor Scottish Independence
Sterling has been pounded by the YouGov poll that showed that those favoring Scottish independence have gained a slim majority for the first time. It does not matter than other polls have yet to confirm it. A "yes" vote was...
Currency Market, Forex Market
The currency market or forex market is a place where banks and other authorized establishments trade the currencies of various nations. This market is unique in the sense that it allows trading 24-hour a day, 5.5 days in a...
Currency Exchange
Currency exchange is the process of exchanging the currency of one country with that of another. It can be carried out between a domestic currency and a foreign currency or between two foreign currencies. Need for Currency Exchange The reasons...
Cross Rate
A cross rate is the currency exchange rate expressed by a currency pair in which none of the currencies involved is the official currency of the country in which this quotation is made. For example, if the currency exchange...
Iraqi Dinar: The Once and Future Currency of Iraq
Iraqi Money The official currency of Iraq is the dinar. It has been in circulation since 1931 although has gone through major changes since then. It is commonly known as the IQD. History of the Iraqi Dinar Before...
Currency Trading, Online Currency Trading
Currency trading is the process of trading (buying or selling) one currency against another with the aim of earning a profit. Online currency trading uses internet trading tools to carry out currency trades. Currencies are traded on the foreign exchange...
Currency Pair, Currency Pairs
Forex trading involves the simultaneous buying of one currency and selling another. The currencies involved in a single trade form a currency pair. The first currency quoted in a currency pair is called the base currency, while the second currency...
Currency Symbols, Money Symbols
Currency symbols are graphical signs that represent a particular country’s currency. For instance, the currency symbol for the euro is € and that for the US dollar is $. Currency symbols are used to replace currency names or currency codes....
Currency Converter
Overview of Currency Converters A currency converter is a tool to calculate the value of one currency in another currency. This content is part of the extensive resources on Insurance featured in EconomyWatch.com. Related Link 1 Related Link 2...
Currency
A form of money that serves as a medium of exchange in a country and is meant for public circulation within it is called currency. It also functions as a standard measurement and store of value. Paper notes and coins...