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  2. Foreign exchange market - Wikipedia

    en.wikipedia.org/wiki/Foreign_exchange_market

    Trading in the euro has grown considerably since the currency's creation in January 1999, and how long the foreign exchange market will remain dollar-centered is open to debate. Until recently, trading the euro versus a non-European currency ZZZ would have usually involved two trades: EURUSD and USDZZZ.

  3. Currency pair - Wikipedia

    en.wikipedia.org/wiki/Currency_pair

    A currency pair is the quotation of the relative value of a currency unit against the unit of another currency in the foreign exchange market. The currency that is used as the reference is called the counter currency , quote currency, or currency [ 1 ] and the currency that is quoted in relation is called the base currency or transaction currency.

  4. Foreign exchange date conventions - Wikipedia

    en.wikipedia.org/wiki/Foreign_exchange_date...

    The number of days will depend on the option agreement, the currency pair and the banking hours of the underlying currencies. The convention helps the counterparties to understand when payments will be made for each trade. For the convention, there are four key dates to consider when trading a particular currency pair:

  5. How Are Currency Exchange Rates Determined? - AOL

    www.aol.com/currency-exchange-rates-determined...

    Understanding how and why currency fluctuates can be a big help when sending money internationally or converting currency before you travel. ... Trading volumes: ...

  6. How are currency exchange rates determined? - AOL

    www.aol.com/currency-exchange-rates-determined...

    For instance, a currency’s value might go up or down due to international trading, policy decisions, investor expectations, the political climate, and the overall economic conditions of the home ...

  7. Exchange rate - Wikipedia

    en.wikipedia.org/wiki/Exchange_rate

    The key currency generally refers to a world currency, which is widely used for pricing, settlement, reserve currency, freely convertible, and internationally accepted currency. Cross rate: After the basic exchange rate is worked out, the exchange rate of the local currency against other foreign currencies can be calculated through the basic ...

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