Currency arbitrage refers to the practice of taking advantage of exchange rate differences in various foreign exchange market venues to make a net profit. Currency arbitrage plays a significant role ...

The exchange rate of a nation's currency is one of the most important determinants of its state of economic health. Find out ...

Today’s economic reality includes a world of free-floating fiat currencies, where the value of a nation’s currency is determined by supply and demand in the global foreign exchange or forex market.

Many countries go to great lengths to manage their exchange rates. Probably the most prominent recent example is the European Monetary Union, where all the members abandoned their national currencies ...

Investors would not be to blame for detesting the international sleeve of their portfolios over the past decade. Coming out of the global financial crisis in 2009, the U.S. equity market has easily ...

BMO Capital Markets predicts higher prices for gold and silver as a hedge against the instability of fiat currencies. Inflation in the US dollar can have significant implications for dollarized ...

We recently published a leader and briefing in which we argued that Taiwan’s weak-currency policy is punishing consumers and storing up financial risk. The central bank, known as the CBC, has written ...

The U.S. dollar has seen some remarkable swings against major currencies recently. For example, over most of 2005, it gained nearly 18% against the yen and 13% against the euro, while between March ...

An electronic board in front of a currency exchange in Myeong-dong, Jung-gu, Seoul displays exchange rates on Dec. 31, 2025. As of Dec. 30, the 2025 average exchange rate is 1,421.96 won, surpassing ...