ECB holds rates but it's not a 'non-event,' economists say. Here's why

Economists believe the central bank will be comfortable with the inflation rate where it is, for now, but are watching for signs of disinflation.
International Monetary Fund

Real Exchange Rates: What Money Can Buy

What is the value of a country’s goods against those of another country, a group of countries, or the rest of the world, at the prevailing exchange rate? How does one determine whether a currency is ...
Wall Street Journal

The Fed Should Target Inflation, Not a Dollar Value

In “Floating Currencies Compound Uncertainty” (op-ed, Aug. 9), Prof. Steve Hanke advocates a target zone between the dollar and the euro, and actions by the Federal Reserve and European Central Bank ...
The Motley Fool

How to Calculate Foreign Exchange Gains or Losses

Forex trading involves buying one currency while betting against another. Profit or loss in forex is measured in 'pips,' the smallest price move. Calculating forex gains requires converting currency ...