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A floating rate is based on supply and demand in the open forex market. If the demand for the currency is high, the value will increase. If demand is low, this will drive the currency price lower.
The USD/RUB exchange rate reacted to the US and Russian consumer inflation data released this week. A report by the US Bureau ...
The USD/CAD exchange rate has crashed and formed a death cross pattern in the past few months. What next for the Canadian ...
Historical exchange rates can be used to analyze trends in foreign and domestic currency over time. They can also be used to identify periods of change, compare the history of different currencies ...
Some currencies have become weak due to political instability, debt, or high inflation rates. Weak currencies are those that have a low exchange rate against stronger currencies, like the U.S. dollar.
The euro/US dollar exchange rate reached a record high of 1.6 in 2008, and while it enjoyed a high rate for a while, the parity declined to 0.96 in September 2022, its lowest in the last two ...