Foreign exchange market
The foreign exchange market (forex, FX, or currency market) is a global decentralized market for the trading of currencies. In terms of volume of trading, it is by far the largest market in the world....
China Warns Soros Against ‘Declaring War’ On Its Currency
Days after billionaire George Soros forecast a hard landing of the Chinese economy, Beijing retaliates by warning the high-profile investor from betting against its currency. "Soros’ challenge against...
ISIS Has Minted Its Own Gold Currency
June 30, 2015 - Rumors circulated online late last year that the Islamic State was attempting to mint its own precious metal-backed currency. Last week, photographs emerged on social media that appear...
United States To Put Woman On $10 Bill
The United States is set to put the picture of a woman on an American banknote for the first time in over a century, breaking the hold that white male political heroes have had on the greenback. The T...
Exchange rate
In finance, an exchange rate (also known as a foreign-exchange rate, forex rate, FX rate or Agio) between two currencies is the rate at which one currency will be exchanged for another. It is also reg...
Forward contract
In finance, a forward contract or simply a forward is a non-standardized contract between two parties to buy or to sell an asset at a specified future time at a price agreed upon today, making it a ty...
Foreign exchange swap
In finance, a foreign exchange swap, forex swap, or FX swap is a simultaneous purchase and sale of identical amounts of one currency for another with two different value dates (normally spot to forwar...
Currency future
A currency future, also FX future or foreign exchange future, is a futures contract to exchange one currency for another at a specified date in the future at a price (exchange rate) that is fixed on t...
Foreign exchange option
In finance, a foreign-exchange option (commonly shortened to just FX option or currency option) is a derivative financial instrument that gives the right but not the obligation to exchange money denom...
Safe-haven currency
Hard currency, or safe-haven currency is any globally traded currency that is expected to serve as a reliable and stable store of value.Factors contributing to a currency's hard status might include t...
Fixed exchange rate
A fixed exchange rate, sometimes called a pegged exchange rate, is a type of exchange rate regime where a currency's value is fixed against either the value of another single currency, to a basket of ...
Foreign exchange company
A non-bank foreign exchange company also known as foreign exchange broker or simply forex broker is a company that offers currency exchange and international payments to private individuals and compan...
Petroeuro
A petroeuro is a petroleum trade valued in the euro as opposed to the US dollar (a petrodollar). Trading of any natural resource, including petroleum, is controlled through trading partnerships involv...
Convertibility
Convertibility is the quality that allows money or other financial instruments to be converted into other liquid stores of value. Convertibility is an important factor in international trade, where in...
China Warns Soros Against ‘Declaring War’ On Its Currency
Days after billionaire George Soros forecast a hard landing of the Chinese economy, Beijing retaliates by warning the high-profile investor from betting against its currency. "Soros’ challenge against...
Foreign exchange regulation
The Forex market is decentralized and operates with no central exchange or clearing house. In order to regulate the market there are several governmental and independent supervisory bodies around the ...
ISIS Has Minted Its Own Gold Currency
June 30, 2015 - Rumors circulated online late last year that the Islamic State was attempting to mint its own precious metal-backed currency. Last week, photographs emerged on social media that appear...
New Caledonian franc
The franc is the currency of New Caledonia and Wallis and Futuna. It is subdivided into 100 centimes. Since 1945, it has been part of the CFP franc.
Until 1873, the French franc circulated on New ...
Floating exchange rate
A floating exchange rate or fluctuating exchange rate is a type of exchange-rate regime in which a currency's value is allowed to fluctuate in response to market mechanisms of the foreign-exchange mar...