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US Dollar Index Chart
Oct 28 at Nov 04 at Oct 16 at Nov 08 at Oct 14 at Jul 14 at Jun 02 at Feb 24 at Apr 03 at Apr 22 at Feb 26 at May 30 at Oct 18 at May 31 at Mar 29 at Oct 19 at Jun 06 at Mar 30 at Oct 27 at Sep 17 at Jun 01 at Jan 22 at Nov 10 at Feb 25 at Dec 19 at Feb 12 at Trade deficit deterioration cont Don't want oil pr According to estimates, almost 2 trillion dollars worth of currency is traded each day.
Dollars are exchanged into all currencies by banks and forex brokers, popular currencies are us dollars, british pounds, euros and japanese yen. Foreign exchange is driven mainly by supply and demand and the exchange rate between currencies is influenced substantially by economic data and conditions.
Interest rates changes and unemployment data are just two of many factors which could change traders views on the current worth of a currency. It is no wonder that predicting exchange rates is a complex business, when any countries stance on current economic conditions can change worldwide views on the direction. This is why the forex market plays such a critical role in determining exchange rates.
Make sure you bookmark and visit again soon. Todays Exchange Rates See real time exchange rates for most world currencies, with high, low and daily change in prices.. View Exchange Rates Currency Converter Use our neat and handy currency converter to see how much your money gets you in foreign exchange.. Currency Converter Forex Pivot Points Pivot points are used by traders to determine support or resistance and find the best rate to exchange currency.
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