Most companies hedge
against changes in the exchange rate, but it's hard to guard against shifts as rapid as what's happened to the Canadian dollar in recent weeks.
Not exact matches
The confidence
in Bitcoin may break as a result of unexpected
changes such as: unfavorable legal regulations, banning electronic legal tenders, introducing the prohibition on trading
in virtual currency
in specific areas, imposing high taxes, creating competitive alternative currencies, deflation, and other factors which may significantly affect the shaping of the
exchange rate of Bitcoin
against other currencies.
The
exchange rate against the US dollar peaked at US68.5 cents
in early July, but it subsequently came down quite sharply, falling by almost 4 cents
in the middle of the month, and has shown little net
change since.
Exchange rates in Latin America, like those
in Asia, have not
changed much
against the US dollar
in recent months, so monetary conditions there have also eased noticeably.
Our
exchange rate against the US dollar and the currencies of most of our trading partners has shown little net
change over the past year, and the rise
in the trade - weighted index
in recent months has been due mainly to the weakness being experienced by the Japanese yen.
Enbridge also hedges
against changes in interest
rates and foreign
exchange, further reducing the risk of investing
in this company.
They derive all their return from two sources: the cash yield of the foreign currency over the expense ratio of the fund and
changes in the
exchange rate against the dollar.»
To the extent currency
exchange transactions do not fully protect a Fund
against adverse
changes in currency
exchange rates, decreases
in the value of currencies of the foreign countries
in which a Fund will invest relative to the U.S. dollar will result
in a corresponding decrease
in the U.S. dollar value of a Fund's assets denominated
in those currencies (and possibly a corresponding increase
in the amount of securities required to be liquidated to meet distribution requirements).
By participating
in derivative securities, the Fund may attempt to hedge (protect)
against currency risk which is the risk that the value of foreign securities may be affected by
changes in currency
exchange rates.
Factors that could cause Blizzard Entertainment's actual future results to differ materially from those expressed
in the forward - looking statements set forth
in this release include, but are not limited to, sales of Blizzard Entertainment's titles, shifts
in consumer spending trends, the seasonal and cyclical nature of the interactive game market, Blizzard Entertainment's ability to predict consumer preferences among competing hardware platforms (including next - generation hardware), declines
in software pricing, product returns and price protection, product delays, retail acceptance of Blizzard Entertainment's products, adoption
rate and availability of new hardware and related software, industry competition, rapid
changes in technology and industry standards, protection of proprietary rights, litigation
against Blizzard Entertainment, maintenance of relationships with key personnel, customers, vendors and third - party developers, domestic and international economic, financial and political conditions and policies, foreign
exchange rates, integration of recent acquisitions and the identification of suitable future acquisition opportunities, Activision Blizzard's success
in integrating the operations of Activision Publishing and Vivendi Games
in a timely manner, or at all, and the combined company's ability to realize the anticipated benefits and synergies of the transaction to the extent, or
in the timeframe, anticipated.