Meaning, if you were to buy euros you actually own
the euro currency based on the price and if you bought the US Dollar you would actually own US dollars at the current price.
Not exact matches
GLG's Henry Dixon also highlighted to CNBC that on a purchasing power parity
basis - which evaluates a
currency's theoretical equilibrium versus other
currencies based on the price of a basket of goods - the British pound looks very cheap against the U.S. dollar and «fractionally» cheap against the
euro.
Blockchain proponents should descend on Catalonia and help them adopt their own blockchain
based currency, dump the
euro, and be the center of the blockchain universe.
A blog post this week
based on an earlier Fed research paper said that «bitcoin units have no intrinsic value» — but added that
currencies «such as the U.S. dollar, the
euro, and the Swiss france... have no intrinsic value either.»
The Netherlands -
based telecom and cable group reported EBITDA of 2.4 billion
euros in the same period, a 4.2 percent year - on - year increase on a constant -
currency basis.
German 10 - year bunds, the German benchmark, fell nearly 7
basis points in yield on the news, to 0.41 %, while the
euro gave ground versus major
currencies.
ICE also offers cross
currency pairs, and US dollar and
euro -
based pairs.
In its weekly precious metals report, London -
based consultancy firm Metals Focus emphasized the importance of negative real rates on the price of gold, writing that «real and even nominal rates across several other key
currencies, including the
euro, should also remain negative for some time.»
Based on fictitiously trouble - free projections of the ability to pay, the loan supported Ukraine's hernia
currency long enough to enable the oligarchs» banks to move their money quickly into Western hard -
currency accounts before the hernia plunged further and was worth even fewer
euros and dollars.
Traders can choose to open their trading account with US Dollars or
Euros as the
base currency.
Capital Markets Foreign Exchange The surging dollar, falling
euro and plunging emerging - markets
currencies had a record $ 32 billion negative impact on the earnings of companies in North America and Europe in the first quarter, according to Scottsdale, Arizona
based FiREapps, which helps corporations measure and manage foreign exchange exposure.
Liffe offers trading in a limited number of
currency futures and options products,
based on U.S. dollar and
euro relationships.
They are long major stock markets, junk bonds and emerging - market debt, and they are short the dollar against the
euro and against commodity -
based currencies.
As a rule of thumb,
based on our 2017
currency profile, each 1 U.S. cent move in the average $ / $ exchange rate for the year causes an opposite change of approximately two
euro cents in diluted adjusted EPS.
Revenues at LVMH's fashion and leather goods division reached 15.5 billion
euros last year, up 13 percent year on year on a constant
currency basis, as demand from Chinese consumers rebounded.
When you do this, the forex exchange rate between the two
currencies —
based on supply and demand — determines how many
euros you get for your pounds.
Weaker economies /
currencies in China, Russia, Greece & Turkey, plus the new Chinese import duties, continue to exert a negative influence — but the real culprit here was last year's substantial step - up in Chinese & Western production,
based on a cold Chinese winter, higher spring - 2015 pelt prices, a weaker
euro & excellent breeding conditions.
If EUR / USD is at 1.4000, it means that the
euro is the
base currency and that one
euro is worth US$ 1.40, with the U.S. dollar representing the quote / counter
currency.
The UK -
based bitcoin exchange EuroBitMarket has opened the trading site with options to deposit bitcoin and fiat
currency, including card deposits in
euros and dollars.
Based in Las Vegas, it doesn't enable direct purchases of cryptocurrencies using fiat
currencies such as
euros and US dollars.
Because our
currency, the
euro, is essentially
based on trust.
Bitcoin is not a fiat
currency, like the dollar or
euro, rather it is only
based off of its liquidity and whether or not people want to buy it on the other end.