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  2. Currency pair - Wikipedia

    en.wikipedia.org/wiki/Currency_pair

    Alternatively the slash may be omitted, or replaced by either a dot or a dash. A widely traded currency pair is the relation of the euro against the US dollar, designated as EUR/USD. The quotation EUR/USD 1.2500 means that one euro is exchanged for 1.2500 US dollars. Here, EUR is the base currency and USD is the quote currency (counter currency).

  3. List of circulating fixed exchange rate currencies - Wikipedia

    en.wikipedia.org/wiki/List_of_circulating_fixed...

    This is a list of circulating fixed exchange rate currencies, ... Euro: 1.95583 Brunei dollar: Singapore dollar: 1 Bulgarian lev: Euro: 1.95583 Cape Verdean escudo:

  4. 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 ...

  5. Foreign exchange spot - Wikipedia

    en.wikipedia.org/wiki/Foreign_exchange_spot

    The exchange rate at which the transaction is done is called the spot exchange rate. As of 2010, the average daily turnover of global FX spot transactions reached nearly US$1.5 trillion, counting 37.4% of all foreign exchange transactions. [ 1 ]

  6. Exchange rate - Wikipedia

    en.wikipedia.org/wiki/Exchange_rate

    The future exchange rate is reflected into the forward exchange rate stated today. In our example, the forward exchange rate of the dollar is said to be at a discount because it buys fewer Japanese yen in the forward rate than it does in the spot rate. The yen is said to be at a premium. UIRP showed no proof of working after the 1990s.

  7. Foreign exchange market - Wikipedia

    en.wikipedia.org/wiki/Foreign_exchange_market

    For instance, the quotation EURUSD (EUR/USD) 1.5465 is the price of the Euro expressed in US dollars, meaning 1 euro = 1.5465 dollars. The market convention is to quote most exchange rates against the USD with the US dollar as the base currency (e.g. USDJPY, USDCAD, USDCHF).

  8. Covered interest arbitrage - Wikipedia

    en.wikipedia.org/wiki/Covered_interest_arbitrage

    The dollar deposit interest rate is 3.4% in the United States, while the euro deposit rate is 4.6% in the euro area. The current spot exchange rate is 1.2730 $/€ and the six-month forward exchange rate is 1.3000 $/€. For simplicity, the example ignores compounding interest.

  9. European stocks perk up as markets slow for Thanksgiving - AOL

    www.aol.com/news/asian-stocks-subdued-dollar...

    The euro was down 0.13% at $1.0552 after rising 0.7% in the previous session in the wake of European Central Bank board member Isabel Schnabel saying that rate cuts should be gradual and move to ...

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