Search results
Results From The WOW.Com Content Network
Here, EUR is the base currency and USD is the quote currency (counter currency). This means that 1 Euro can be exchangeable to 1.25 US Dollars. The most traded currency pairs in the world are called the Majors. They involve the currencies euro, US dollar, Japanese yen, pound sterling, Australian dollar, Canadian dollar, and the Swiss franc.
The dollar fell 1.15% against the Canadian dollar to C$1.4319 and dropped 1.4% against the Mexican peso. ... leaving the dollar down almost 1% on the day at 7.274. The Australian dollar, which can ...
The Australian dollar (sign: $; code: AUD; also abbreviated A$ or sometimes AU$ to distinguish it from other dollar-denominated currencies; [2] [3] and also referred to as the dollar or Aussie dollar) is the official currency and legal tender of Australia, including all of its external territories, and three independent sovereign Pacific Island states: Kiribati, Nauru, and Tuvalu.
In the economy of the Americas, the Canadian dollar plays a similar role to that played by the Australian dollar (AUD) in the Asia-Pacific region. The Canadian dollar (as a regional reserve currency for banking) has been an important part of the British, French and Dutch Caribbean states' economies and finance systems since the 1950s. [42]
The euro ended 0.28% lower at $1.0361. The Mexican peso < MXN=> strengthened 0.19% versus the dollar at 20.706. The Canadian dollar weakened 0.42% versus the greenback to C$1.45 per dollar.
Data on Tuesday showed that Canadian inflation slowed to an annual rate of 1.8% in December. Investors see a roughly 80% chance that the Bank of Canada will cut by 25 basis points to 3% on Jan. 29.
The high point was on April 25, 1974, when it reached US$1.0443. [39] The Canadian dollar fell in value against its American counterpart during the technological boom of the 1990s that was centred in the United States, and was traded for as little as US$0.6179 on January 21, 2002, which was an all-time low. [40]
Prime Minister Justin Trudeau set out "far-reaching" tariffs of 25%, affecting 155bn Canadian dollars' worth ($106.6bn; £86bn) of American goods ranging from beer and wine, to household ...