Introduction to Bloomberg FX Functions

If you are interested in foreign exchange rates or other information on world currencies, Bloomberg is an excellent resource for that data. In this blog post, we will go over some of the basic FX functions that are available in Bloomberg.

To get started, hit the yellow [CURNCY] market sector key, and then hit the green [GO] key. 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.

One of the main FX functions is FXIP, the FX information portal.

1 - FXIP Screenshot

If you type in FXIP [GO], you will be taken to the FX markets overview screen. FXIP gives you a detailed overview of FX information, enabling you to get a quick snapshot of pricing information for various currency baskets. ThisĀ is a great starting point for FX overview information before navigating to different screens for more detailed information, some of which are detailed below. 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. You can click on the different gray tabs for additional market overview information.

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