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  2. Eurodollar - Wikipedia

    en.wikipedia.org/wiki/Eurodollar

    These deposits were lent on as U.S. dollar loans to businesses in other countries where interest rates on loans were perhaps much higher in the local currency, and where the businesses were exporting to the U.S. and receiving payment in dollars, thereby avoiding foreign exchange risk on their funding arrangements.

  3. Currency pair - Wikipedia

    en.wikipedia.org/wiki/Currency_pair

    Currency quotations use the abbreviations for currencies that are prescribed by the International Organization for Standardization (ISO) in standard ISO 4217.The major currencies and their designation in the foreign exchange market are the US dollar (USD), Euro (EUR), Japanese yen (JPY), British pound (GBP), Australian dollar (AUD), Canadian dollar (CAD), and the Swiss franc (CHF).

  4. Exchange rate - Wikipedia

    en.wikipedia.org/wiki/Exchange_rate

    For example, the purchasing power of the US dollar relative to that of the euro is the dollar price of a euro (dollars per euro) times the euro price of one unit of the market basket (euros/goods unit) divided by the dollar price of the market basket (dollars per goods unit), and hence is dimensionless. This is the exchange rate (expressed as ...

  5. Dollar higher on fresh inflation data, euro lower after ECB ...

    www.aol.com/dollar-holds-steady-despite-rate...

    The euro was last down 0.2% against the dollar at $1.0473. The Swiss franc was up against the dollar after the Swiss National Bank opted for a 50 basis point interest rate cut. A majority of ...

  6. Euro eases, dollar perks up in muted holiday trade

    www.aol.com/euro-jump-rising-yen-put-004554717.html

    (Reuters) -The euro dipped against the dollar on Thursday as traders reined in bets of more interest rate cuts by the European Central Bank, while broader currency moves were muted in U.S. holiday ...

  7. A euro is worth less than a dollar for the first time in 20 ...

    www.aol.com/news/euro-worth-less-dollar-first...

    The euro has fallen below parity with the dollar, diving to its lowest level in 20 years and ending a one-to-one exchange rate with the U.S. currency.. It's a psychological barrier in the markets ...

  8. List of countries by exchange rate regime - Wikipedia

    en.wikipedia.org/wiki/List_of_countries_by...

    De Facto Classification of Exchange Rate Arrangements, as of April 30, 2021, and Monetary Policy Frameworks [2] Exchange rate arrangement (Number of countries) Exchange rate anchor Monetary aggregate target (25) Inflation Targeting framework (45) Others (43) US Dollar (37) Euro (28) Composite (8) Other (9) No separate legal tender (16) Ecuador ...

  9. RPT-GRAPHIC-FX traders brush off ECB talk, bet euro-dollar ...

    www.aol.com/news/rpt-graphic-fx-traders-brush...

    Despite European policymakers' alarm over its run to 2-1/2-year highs against the dollar, several factors governing exchange rates imply the single currency's bout of strength is far from over.

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