These can include historical exchange rate charts, currency conversion history, offline mode, and customizable settings. Behind the scenes, currency converter apps rely on APIs ...

“Arguably the interest rate in a country is the biggest driver of currency exchange rates,” says Clive Ponsonby, former forex trader at J.P.Morgan and author of Currency View, a monthly ...

If the EUR/USD conversion rate falls from 1.20 to 1.10, one euro could only be converted into $1.10 instead of $1.20. In this case, the U.S. dollar is now stronger against the euro, and the euro ...

Generally, higher interest rates increase the value of a country’s currency, and lower interest rates tend to be unattractive for foreign investment.

Global central bank interest rates have tripled to its highest level since 2000. Yet industrial output has remained high, ... This can be seen in the bottom half of the chart.

Millions of Americans will feel the brunt of another Federal Reserve interest rate hike, the largest level in over two decades. Fed Chairman Jerome Powell, part of the 12-member Federal Open ...