It seems more likely Beijing would consider taking over foreign businesses, especially given its largest US$ 1.9 trillion foreign exchange reserve in the world, and the appreciation of its currency by 9 % y - o - y against the US dollar, or 40 % y - o - y against the Canadian dollar, or over 20 %
against both currencies since July 21, 2005 when the Chinese central bank allowed its RMB to float.
Not exact matches
The dollar, traded
against a basket of major
currencies, rose as high as 92.566, the highest
since Jan. 10, before retracing to 92.454.
According to the IIF,
since Egypt reached agreement with the IMF in 2016, its
currency has increased sharply
against the dollar and that boosted its official reserves by almost double — from about $ 20 billion to $ 40 billion — and narrowed its deficit.
Their declining
currencies against the dollar (8 - 9 percent over the past 12 months), falling stock market values
since the beginning of the year and high (India) and rising (Brazil) bond yields are reflecting their funding difficulties.
Since the election, the dollar index, which measures the greenback
against a basket of
currencies, has risen 3.6 percent.
The dollar rallied as much as 2.5 %
against South Africa's rand to 13.613, its highest
since early February, after President Jacob Zuma fired finance minister Pravin Gordhan in a cabinet reshuffle following days of speculation that has rocked the country's markets and
currency.
The dollar index, which tracks the U.S.
currency against a basket of six major peers, was little changed at 95.693, holding above Friday's 95.384, its lowest
since July 5.
Meanwhile its
currency, the ringgit, has hit levels seen
since the 1998 Asian Financial Crisis and lost as much as 28 percent of its value
against the U.S. dollar from the beginning of the year through the end of September.
NEW YORK, Dec 29 - The dollar fell to its lowest in over three months
against a basket of major
currencies on Friday, on track for its biggest annual drop
since 2003, on doubts over durability of a pickup in U.S. economic growth in wake of last week's tax overhaul.
NEW YORK, Dec 29 - The dollar fell to its lowest in over three months
against a basket of major
currencies on Friday, marking its steepest annual drop
since 2003, on doubts over durability of a pickup in U.S. economic growth in wake of last week's tax overhaul.
* The dollar index, which measures the greenback
against a basket of
currencies, was little changed at 90.800, lower than 91.076 hit in the previous session, its strongest level
since Jan. 12.
The Bank of Canada is not among the nervous nellies fretting about the 8 % increase in the value of the Canadian dollar
against the U.S.
currency since late January.
The gains came despite a higher dollar, which is at its strongest
since Jan. 11
against a basket of
currencies.
Meanwhile, the rumblings about
currency wars — the real has risen nearly 40 %
against the U.S. dollar
since last January — may represent just the first stirrings of a Brazil that's newly imposing on the geopolitical stage.
Faced with a seemingly unstoppable
currency, the Swiss have been holding the franc to a floor
against the euro
since last fall.
XRP, which is a virtual
currency that is traded
against the U.S. dollar on cryptocurrency exchanges online, has soared in value to $ 0.20
since the companies entered the options agreement, according to CoinMarketCap.com.
Since 2002, the U.S. dollar has depreciated
against many
currencies, including those of both commodity exporters and importers.
But
since bitcoin has become a store of value as a hedge
against a falling yuan, the «digital gold»
currency could continue on its upwards trajectory.
This kind of money has been made by speculating on Brazilian, Indian and Chinese securities and those of other countries whose exchange rates have been forced up by credit - flight out of the dollar, which has fallen by 7 %
against a basket of
currencies since early September when the Federal Reserve floated the prospect of quantitative easing.
The franc has weakened to 1.20
against the euro for the first time
since the Swiss National Bank ditched its cap on the
currency in January 2015.
The US dollar has been in a major bull market
against most
currencies since 2011.
Against a basket of
currencies, the dollar index was trading at 92.450, after reaching the highest
since late December at 92.834.
The
currency has declined by more than 20 %
against the US dollar
since the end of May.
Instead, the dollar has climbed 7 %
against the yuan
since January 1, 2015, and more than 5 %
against a global
currency basket, leaving nervous debtors around the world.
As of today, the unemployment level maintains to the lowest levels
since 2009, but any increase in unemployment may weaken the European
currency against major pairs, including Yen.
The
currency is strengthening
against the US dollar, and has posted a 3.1 % rise
since the beginning of the year and 10 %
since January 2017.
Using the European
Currency Unit (the precursor to the euro) as a proxy, the bilateral exchange rate
against the euro area was the lowest
since 1992, when it reached the equivalent of 1.45.
Since then, developments in implied volatilities of
currencies against the US dollar have been mixed.
Measured
against a basket of
currencies, it has gained about 17.5 percent in value
since the inauguration, more than any other major
currency.
Emerging market bonds in their own
currencies have a similar justification to emerging market equities, especially
since the
currency depreciation
against the dollar is likely to slow or stop altogether.
The U.S. dollar index, which measures the greenback's strength
against a basket of six major
currencies, was up 0.67 % to 92.24 by 10:21 AM ET (14:21 GMT), the highest level
since January 11.
While there may or may not be an eventual tariff placed on importers, one thing I know for sure is that the dollar is higher
since the election, especially
against the yuan, and the president is no longer committed to calling China a
currency manipulator.
Immediately after results were announced, the British pound sterling, one of the world's reserve
currencies, collapsed spectacularly
against the dollar, plunging to levels not seen
since Margaret Thatcher's administration.
In foreign exchange markets, the U.S. dollar hit its lowest level
since December, 2014
against a basket of other leading
currencies.
Remember, hedging helps Canadians during periods when the loonie strengthens
against foreign
currencies, so it was a big benefit from 2003 through 2007, and during many periods
since 2009.
Oil shock: Analysts say the loonie has lost value
against the American dollar and a number of other
currencies because of the big fall in oil prices,
since the commodity is of major importance to the Canadian economy.
The U.S. dollar was up between 5 % and 10 %
against most major
currencies since early June through September 30, 2014, negatively impacting
currency translated returns, particularly in our two unhedged Funds.
The U.S. dollar index, which measures the greenback
against a basket of other
currencies, moved up to 84.42 today, its highest level
since July 2010.
I'm not too sure about that, however,
since the euro traded roughly sideways
against the Greenback but was weak
against most other
currencies.
Wednesday is the day when it became clear to all (well, those who look at their charts anyway) that the Greenback was vulnerable to opposing
currencies since price action on Greenback pairs began to clearly diverge, with the Greenback winning out
against the comdolls while losing out to the euro and the safe - havens and trading roughly sideways
against the pound.
I'm just wondering if I should buy all iShares equivalent
since they're tracked
against CDN
currency.
Since those
currencies fluctuate
against the US dollar with International Funds there is this additional dimension of risk.
The PowerShares DB US Dollar Index Bullish Fund (UUP), which tracks the U.S. dollar
against six major world
currencies, has declined nearly 10 %
since Jan. 1 to reach its lowest point
since 2014.
Yes, it is getting killed and declining like it was going out of fashion, but would you rather bet on something that has fallen around 70 %
against other
currencies since 2000, or one that has gone up a few hundread percent?
In the face of an awkward UK - EU divorce (if and when it is triggered), Pound Sterling (GBP) has fallen significantly
against the Euro, the United States Dollar (USD) and other global
currencies since June 24.
However, the central bank is still hesitant on allowing cryptocurrency trading as explained by the chairman of State Duma Committee for Financial Markets, Anatoly Aksakov, «The central bank is
against the legalization of this type of digital
currency,
since in this case, citizens can start actively investing in crypto - tools, not taking into account possible risks.»
The digital
currency rose 11.5 %
against the dollar on Friday and has gained more than 15 %
since Monday's low near $ 292.
«Using crypto to survive means that,
since I'm getting paid in bitcoin each month, I have to protect myself
against inflation and
against currency devaluation,» Gomez said.
But
since bitcoin has become a store of value as a hedge
against a falling yuan, the «digital gold»
currency could continue on its upwards trajectory.
«We have all these
currencies since Bretton Woods, fluctuating
against each other, and maybe the dollar hasn't gone to zero
against these
currencies but all of them have gone down 95 percent... versus something that they can't control like... gold and Bitcoin.