Understanding the Exchange Market Rate - Pound to US Dollar (GBP/USD) E

The fluctuation or well known as the deepen market is the rate at which one bills will be change over for another. It also regarded as the value of one countrys currency in the terms of another currency. The fluctuation was determined in the foreign exchange market (Wikipedia, 2014). The fluctuation rate is not permanent sometime in one day the fluctuation rate can change from high to crushed and from low to high. Hard currency is any global traded currency that is expected to serve as a reliable and stable store of value. The factor alter to a currency hard status might include the long term stability of its purchasing power, the associated countrys political and fiscal check out and outlook and policy posture of the issuing central bank (Wikipedia, 2014). The two currency that can be taken as the hard currency was the united States Dollar and also the Great Britain Pound. These two currency is very popular and also important in the way to contribute to the exchange rate in f oreign exchange marketThe United States Dollar (USD) or its sign was ($) is referred to as the U.S Dollar, and also as the American Dollar. It is the official currency to the Unites States and its overseas territories. The currency of United States Dollar was divided into 100 smaller units called cents (Wikipedia, 2014). The United States Dollar is often used in the traded process because of its high value. There were five major(ip) reason of why the U.S Dollar is so widely used in the traded. The reason is as below Its an investment currency in some capital markets Its a reserve currency held by many an(prenominal) central banks Its a common transaction currency in many International commodity market Its an invoice currency in many contracts ... ...ttp//en.wikipedia.org/wiki/Pound_sterling 3 April 2014 10.Wikipedia ( 2014 ) Fluctuation from http//en.wikipedia.org/wiki/Fluctuation 2 April 2014 11.Wikipedia ( 2014 ) Exchange Rate from http//en.wikipedia.org/ wiki/Exchange_rate 2 April 2014 12.Wikipedia ( 2014 ) Interest Rate from http//en.wikipedia.org/wiki/Interest_rate 3 April 2014 13.Wikipedia ( 2014 ) Speculator from http//en.wikipedia.org/wiki/Speculation 2 April 2014 14.Wikipedia ( 2014 ) Government Debts http//en.wikipedia.org/wiki/Government_debt from 5 April 2014 15.Wikipedia ( 2014 ) Economic Interventionism from http//en.wikipedia.org/wiki/Economic_interventionism 2 April 2014 16.Wikipedia ( 2014 ) Economic Growth from http//en.wikipedia.org/wiki/Economic_growth 6 April 2014