Purchasing Power Parity

Model of exchange rate determination stating that the price of a good in one country should equal the price of the same good in another country after adjusting for the changes in the price due to the change in exchange rate. Also known as the law of one price.

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Live FX Rates

Symbol	Change	High	Low

EUR/USD	-0.0071	1.2601	1.2499
AUD/USD	0.0013	0.9798	0.9729
EUR/GBP	-0.0024	0.8044	0.7982
EUR/JPY	-0.31	100.32	99.5
GBP/USD	-0.0035	1.5699	1.5633
USD/CAD	0.0042	1.031	1.025
USD/CHF	0.0057	0.9609	0.9544
USD/JPY	0.23	79.81	79.52

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