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The default currency basket displayed is the G10, but you can also choose specific regions of the world, or other baskets, such as Emerging Markets or Precious Metals. Because we have an academic subscription to the Bloomberg terminal, pricing information is delayed by 15 minutes. The WCR screen allows you to view spot pricing for different currency baskets. WCR is the function for World Currency Rates. You can click on the different gray tabs for additional market overview information. The default currency for the FXIP screen is USD, but you are able to change that by typing in a different base currency at the amber box near the top of the screen.
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This is a great starting point for FX overview information before navigating to different screens for more detailed information, some of which are detailed below. FXIP gives you a detailed overview of FX information, enabling you to get a quick snapshot of pricing information for various currency baskets. If you type in FXIP, you will be taken to the FX markets overview screen. One of the main FX functions is FXIP, the FX information portal. This will display a menu of the main currency functions, giving you an overview of some of the options available to you when you are looking for currency and FX data. To get started, hit the yellow market sector key, and then hit the green key. In this blog post, we will go over some of the basic FX functions that are available in Bloomberg. If you are interested in foreign exchange rates or other information on world currencies, Bloomberg is an excellent resource for that data.
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