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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.
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Get breaking Business News and the latest corporate happenings from AOL. ... EUR/USD. 1.0370218-1.19%. 10 YR BOND. ... Here's how the Fed's interest rate cut today ...
Savings interest rates today: Highest yields of up to 5.05% APY as Fed set to announce rate cut — Dec. 18, 2024 finance Best CD rates today: Final hours to secure up to 4.52% APY before today's ...
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).
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US Dollar (37) Euro (28) Composite (8) Other (9) No separate legal tender (16) Ecuador El Salvador Marshall Islands Micronesia Palau Panama Timor-Leste Andorra Monaco San Marino Vatican City Kosovo Montenegro Kiribati Nauru Tuvalu; Currency board (11) Djibouti Hong Kong ; ECCU Antigua and Barbuda Dominica
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 ...