Key Currency

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Dictionary Says

Definition of 'Key Currency'

The currency used as a reference in an international transaction or when setting an exchange rate. The key currency used is usually issued by a stable, developed country such as the United States. Central banks also hold key currencies in reserve (reserve currency).  
Investopedia Says

Investopedia explains 'Key Currency'

As a monetary practice, countries with smaller or less-dominant economies sometimes align their exchange rates with the dominant trading partner. The central bank of some developing countries may fix the exchange rate to the key currency, which has the effect of limiting monetary policy flexibility but can also increase confidence in the country's economy.  
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'Key Currency'

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    http://www.investopedia.com/articles/forex/11/3-markets-follow-trading-fx.asp
    ... or strategists look at both non-commercial and commercial transactions – the key
    is to ... here is to see pent-up demand in a particular currency in confirming ...

  • CFA Level 1 Study Guide - Derivatives - Currency Forward Contracts ...

    http://www.investopedia.com/exam-guide/cfa-level-1/derivatives/currency-forward-contracts.asp
    Discusses the uses and key points of currency forward contracts. Provides an example
    of how corporations use currency forwards to hedge risk. ...

  • Currency Carry Trades 101

    http://www.investopedia.com/articles/forex/07/carry_trade.asp
    ... world notices and there are typically many people piling into the same carry trade,
    pushing the value of the currency pair higher in the process. The key is to ...

  • CFA Level 1 Study Guide - Ethics and Standards - GIPS: Key ...

    http://www.investopedia.com/exam-guide/cfa-level-1/ethics-standards/gips-characteristics.asp
    ... 4.8 Monitoring Cycles, Jobs, and Price Level; 4.9 Key Labor Market Indicators; ... 5.14
    Foreign Exchange Parity Relations; 5.15 Currency Appreciation and Depreciation ...

  • Three Winning Currency ETFs For The Short Term

    http://stocks.investopedia.com/stock-analysis/2008/Three_Winning_Currency_ETFs_For_The_Short_Term_FXS_FXF_UDN.aspx
    ... has followed the lead of the European Central Bank by raising its key lending rate
    to 4.5%. Higher interest rates make the countries currency more appealing ...

  • CFA Level 1 Study Guide - Macroeconomics - Key Labor Market ...

    http://www.investopedia.com/exam-guide/cfa-level-1/macroeconomics/labor-market-indicators.asp
    ... 4.8 Monitoring Cycles, Jobs, and Price Level; 4.9 Key Labor Market Indicators; ... 5.14
    Foreign Exchange Parity Relations; 5.15 Currency Appreciation and Depreciation ...

  • Global Trade And The Currency Market

    http://www.investopedia.com/articles/07global_trade.asp
    ... and other Asian economies, believed that maintaining undervalued currencies was
    a key to growing ... has also continued to be the de facto reserve currency and the ...

  • What Causes A Currency Crisis?

    http://www.investopedia.com/articles/economics/08/currency-crises.asp
    ... It did not devalue the currency by a large enough amount, which showed ... Current Account
    Deficits.) The Southeast Asian crisis stemmed from several key points: ...

  • Forex: Wading Into The Currency Market

    http://www.investopedia.com/articles/forex/06/FirstStepsFX.asp
    ... The basics of the FX market; Technical analysis; Key fundamental news and ... since politics
    and geopolitical risks can also affect a currency's trading behavior. ...

  • Forex: Wading Into The Currency Market

    http://www.investopedia.com/articles/forex/06/firststepsfx.asp
    ... The basics of the FX market; Technical analysis; Key fundamental news and ... since politics
    and geopolitical risks can also affect a currency's trading behavior. ...

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