Q: How is pricing determined for certain currencies?

18 Nov 2011

Answer:

The complete scope of economic and political conditions impact currency pricing. It is generally held that interest rates, inflation rates and political stability are top among important factors. Every now and then, governments participate in the forex market in order to influence the traded value of their currencies. These and other market issues such as very large orders can affect disproportionate comparative volatility in currency prices. The sheer size of the forex market puts a stop to any single factor from dominating the market for any length of time.

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Overview

Selected Instrument chart
United States USD/JPY 101.3250 0.0050 0.00%
European Union EUR/USD 1.2932 0.0000 0.00%
United Kingdom GBP/USD 1.5123 0.0001 0.00%
Gold (USD/oz) 1,386.6900 0.0000 0.00%
Silver (USD/oz) 22.4025 0.0000 0.00%
Names are simplified for your convenience
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Majors

Selected Instrument chart
United States USD/CHF 0.9615 0.0000 0.00%
European Union EUR/GBP 0.8553 0.0001 0.01%
Australia AUD/USD 0.9651 0.0000 0.00%
United States USD/CAD 1.0320 0.0000 0.00%
European Union EUR/CHF 1.2433 0.0000 0.00%
Names are simplified for your convenience
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Others

Selected Instrument chart
South Africa GBP/ZAR 14.4812 0.0001 0.00%
India INR/USD 0.0179 0.0000 0.00%
Taiwan TWD/USD 0.0334 -0.0001 -0.15%
New Zealand NZD/USD 0.8095 0.0000 0.00%
Hong Kong HKD/USD 0.1288 0.0000 0.00%
Names are simplified for your convenience
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