Question

FOREIGN EXCHANGE MARKET AS OF THURSDAY 8:05PM Currencies Value: % Change LAST CHANGE %CHG Euro (EUR/USD) 1.1870 0.0023 0.19 Japanese Yen (USD/JPY) 104.55 -0.18 -0.17 U.K. Pound (GBP/USD) 1.3118 0.0023 0.18 Swiss Franc (USD/CHF) 0.9084 -0.0005 -0.06 Chinese Yuan (USD/CNY) 7.0088 0.0000 0.00 Canadian $ (USD/CAD) 1.3432 0.0008 0.06 Mexican Peso (USD/MXN) 22.0404 0.0108 0.05 Bitcoin (BTC/USD) 11062 -90 -0.80 WSJ Dollar Index 88.15 -0.11 -0.12 U.S. Dollar Index 92.80 -0.22 -0.24 Can you explain why there are changes in the values and what the negative means? What do you think the market is saying about these changes?

Can you please explain these changes in detail? I will appreciate it. I have difficulty reading this chart.

Answer 1

Change means change compared to previous day

For example the first entry is Euro
Last is 1.1870 EUR/USD
Change is 0.0023
This means EUR/USD has increased in value by 0.0023 USD from previous day. That means Euro has increased in value by 0.0023 USD from previous day

That means previous day's value was 1.1870-0.0023=1.18470 USD

Negative means the value has decreased from the last day. If change is negative, the currency is weakening or the market expects a lower demand

Fo example the second entry is Japanese Yen
Last is 104.55 USD/JPY
Change is -0.18 USD/JPY
This means USD/JPY has decreased in value by 0.18 USD/JPY from previous day. That means USD has decreased in value by 0.18 JPY from previous day

That means previous day's value was 104.55+0.18=104.73000 USD/JPY