Sentences with phrase «as trading of currency»

Not exact matches

Unregulated digital entities, created by just about anyone out of nothing, that assume some value denominated in fiat currency simple because they're being traded between anonymous people or bots whose only desire is to make prices go up, on unregulated opaque exchanges where everyone thinks price manipulation is good as long as it pushes up the price....

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.

Separately, a senior Chinese central banker said authorities should ban centralized trading of virtual currencies as well as individuals and businesses that provide related services.

The crackdown on Seoul - based operators of some of the world's busiest virtual currency exchanges comes as the government attempts to calm frenzied demand for cryptocurrency trading in Asia's fourth largest economy.

In January, a senior Chinese central banker said authorities should ban trading of virtual currencies as well as individuals and businesses that provide related services.

LONDON, April 11 - The U.S. dollar slipped to a two - week low against a basket of currencies on Wednesday as trade war fears receded but uncertainty over possible Western military action against Syria bred risk aversion among some investors.

Goldman Sachs Group Inc. is setting up a trading desk to make markets in digital currencies such as bitcoin, according to people with knowledge of the strategy.

Goldman Sachs is planning to get into the business of trading digital currencies such as bitcoin, Bloomberg News reported Thursday, citing sources familiar with the matter.

Derivatives trading is the culmination of a wild year for bitcoin, which captured imaginations and investment around the world, propelled by its stratospheric gains, and its anti-establishment mission as a currency without the backing of a government or a central bank, and a payment system without a reliance on banks.

The Japanese currency has been mostly on the rise against the U.S. dollar as investors look for a safe haven amid fears of a global trade war.

Trump would also instruct the US trade representative to notify Mexico and Canada of the administration's intention to propose amendments to the deal, which, as CNN reported, «could include measures on currency manipulation, lumber, country - of - origin labeling and environmental and safety standards.»

The end has officially come for the former Bitcoin trading heavyweight, as it files for Chapter 11 in Tokyo and admits to losing nearly half a billion U.S. dollars worth of the virtual currency.

Such risks, uncertainties and other factors include, without limitation: (1) the effect of economic conditions in the industries and markets in which United Technologies and Rockwell Collins operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in commodity prices, interest rates and foreign currency exchange rates, levels of end market demand in construction and in both the commercial and defense segments of the aerospace industry, levels of air travel, financial condition of commercial airlines, the impact of weather conditions and natural disasters and the financial condition of our customers and suppliers; (2) challenges in the development, production, delivery, support, performance and realization of the anticipated benefits of advanced technologies and new products and services; (3) the scope, nature, impact or timing of acquisition and divestiture or restructuring activity, including the pending acquisition of Rockwell Collins, including among other things integration of acquired businesses into United Technologies» existing businesses and realization of synergies and opportunities for growth and innovation; (4) future timing and levels of indebtedness, including indebtedness expected to be incurred by United Technologies in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including in connection with the pending Rockwell Collins acquisition; (5) future availability of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope of future repurchases of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level of other investing activities and uses of cash, including in connection with the proposed acquisition of Rockwell; (7) delays and disruption in delivery of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits of organizational changes; (11) the anticipated benefits of diversification and balance of operations across product lines, regions and industries; (12) the outcome of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact of the negotiation of collective bargaining agreements and labor disputes; (15) the effect of changes in political conditions in the U.S. and other countries in which United Technologies and Rockwell Collins operate, including the effect of changes in U.S. trade policies or the U.K.'s pending withdrawal from the EU, on general market conditions, global trade policies and currency exchange rates in the near term and beyond; (16) the effect of changes in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.

Known online as «pirateat40,» Shavers allegedly gained control of as much as 7 percent of the bitcoin market by promising investors up to 7 percent weekly interest, or 3,641 percent annualized, based on his ability to trade the currency.

This is a big reversal of fortune after a terrible week for the digital currency in which the CEO of J.P. Morgan (jpm) slammed bitcoin as «a fraud» and the Chinese government ordered cryptocurrency exchanges to cease trading.

Like other Wall Street banks, JPMorgan acts as an agent for buyers and sellers of Bitcoin XBT, an exchange - traded note designed to track the value of the crypto currency.

Brazil's currency, the real (pronounced «Hey - I»), fell as much as 30 % against the U.S. dollar in 2015, trading at around four reals to one U.S. dollar for most of the year.

The previous day, he had introduced himself to a roomful of potential customers in the hotel as the new London head of a foreign currency trading platform whose website offered very high returns.

The admission may provide further ammunition for a recent Malaysian government crackdown on foreign banks trading in the ringgit in offshore market, seen by bankers as an attempt to curb a devaluation of the currency.

After remaining just a few dollars shy of the mark at other digital currency exchanges such as Coinbase, which is headquartered in San Francisco, Bitcoin officially crossed the milestone on all trading venues just as U.S. stock markets closed Friday.

The usual proxies for global growth — oil and other commodities, emerging market currencies, energy and mining stocks — are almost all sharply lower as investors bail out of any kind of trade predicated on growth in China and the rest of the emerging world, which accounts for 85 % of the world's population.

Additionally, any imposition of trade barriers or labeling China a currency manipulator may lead to a trade war or, at the least, be a drag on economic growth, as noted by Jan Hatzius, chief economist at Goldman Sachs.

In many cases, the best way to manage monthly transfers from the old country is to contact a currency trading firm such as Custom House (www.customhouse.com) or the currency trading arm of a bank.

Shanghai aluminum, nickel and lead crept higher, but copper gave up early gains to trade slightly lower as the dollar hit a four - month high, making the metal more expensive for holders of other currencies, and zinc slipped.

In order for bitcoin to be a real currency, Adeney claims, it must be three things: easy and frictionless for trading between people, widely accepted as a legal tender for all debts (both public and private) and stable in terms of value.

Bitcoin traded near $ 10,192 as of 4:28 p.m. on Coinbase, the leading U.S. marketplace for buying and selling major digital currencies.

Trade - war fears could be a longer - term negative for the dollar, even as the currency gets a temporary lift ahead of the Fed's meeting next week.

After plunging to a record low of 15.95 to the U.S. dollar on September 25, the Argentine peso clawed its way back to 8.5525 on Monday as a crackdown on trading, a bond sale and a currency swap with China curbed transactions in both the legal and underground currency markets.

Worries of escalating trade wars could be a longer - term negative for the dollar, even as the currency gets a temporary lift ahead of the Fed's meeting next week.

He said the outcome of trade wars could mean central banks will aggressively talk down their currencies, as the ECB is beginning to do.

He has also accused the Tokyo government of using monetary policy to devalue its currency and has also lumped Japan with China and Mexico as big contributors to the U.S. trade deficit.

A carry trade is typically based on borrowing in a low - interest rate currency and converting the borrowed amount into another currency, with proceeds placed on deposit in the second currency if it offers a higher rate of interest or deploying proceeds into assets — such as stocks, commodities, bonds, or real estate — that are denominated in the second currency.

The U.S. dollar held steady versus a basket of major currencies as solid company results and fading concerns about a trade war helped keep a lid on safe - haven demand for the greenback.

Figuring out ways to regulate trading by sophisticated investors in derivatives, which go by exotic names such as «currency forwards» and «credit default swaps,» is a hot topic in international policy circles, largely because failures on this murky side of the market are blamed for the 2008 global credit meltdown and the recession that followed.

Riot Blockchain described the platform as «one of Canada's leading exchanges for trading digital currencies.»

As for the British example at the end of the 19th Century, in those days currency was part of reserve accumulation, but much if not most reserves were in the form of gold or silver, and while Britain had the most important reserve currency, the difference between central bank holdings of sterling and central bank holdings of other gold - based currencies, like the franc, were pretty small relative to total trade.

Along with devaluing the currency by 1.86 %, the most since 1994, the PBoC announced that it would modify the way it set the reference rate, known as «central parity», that determines the RMB's trading band, and it would so so «for the purpose of enhancing the market - orientation and benchmark status of central parity».

«From the date of release of this Notice, any so - called platform that provide trading and exchange services for coin offering shall not engage in exchange businesses between legal tender and token or «virtual currency»; or engage in proprietary trading activities or trading as an central counterparty of tokens or «virtual currencies»; or provide pricing services or act as information intermediary for tokens or «virtual currencies.»»

Elsewhere in forex markets, it's a relatively calm day, with a slight correction in the risk - off trade that we have been monitoring for weeks, as the yen is a tad lower today against all of its major peers, while the Dollar couldn't gain on risk - on currencies, despite the equity weakness.

Gold is a currency with no economy to support, which makes it an ideal candidate as the other side of the US dollar trade.

The bill defines virtual currency as «a digital representation of value that can be digitally traded and functions as a medium of exchange, a unit of account, or a store of value but does not have legal tender status as recognized by the United States government.»

As for other ways to get your first Litecoins, the cryptocurrency exchange Btc-e.com offers Litecoin for trade with a number of other currencies.

In the US, the Volcker Rule has caused banks to shut down their proprietary trading desks, while provisions of the Dodd - Frank Act are causing big FX banks to stop making markets in currencies and to act simply as agents for their customers.

The U.S. Dollar Index (USDX, DXY) is an index (or measure) of the value of the United States dollar relative to a basket of foreign currencies, often referred to as a basket of U.S. trade partners» currencies.

Known online as «pirateat40,» Shavers allegedly gained control of as much as 7 percent of the bitcoin market by promising investors up to 7 percent weekly interest, or 3,641 percent annualized, based on his ability to trade the currency, and a promise that money could be withdrawn at any time.

This paper examines the day of the week effect in the crypto currency market using a variety of statistical techniques (average analysis, Student's t - test, ANOVA, the Kruskal - Wallis test, and regression analysis with dummy variables) as well as a trading simulation approach.

The Crypto Company describes itself as «one of the first publicly traded technology companies in the digital currencies and blockchain sector, offers a portfolio of digital assets, technologies, and consulting services to the blockchain and cryptocurrency markets.»

While the benefits of distributed ledgers have been much discussed, Bain concluded that actual tools using blockchain for international payments and trade finance remain in their early stages as banks remain challenged by scaling the technology, along with uncertainties surrounding digital currencies and privacy issues.

HONG KONG — Donald J. Trump has irritated China even before taking office as president, with criticism of the country's trade and currency practices and an unexpected phone call with the president of Taiwan.

Because crazy as it may seem, it was the real estate bubble that brought in the foreign exchange — in the form of mortgage loans denominated in foreign currencies — that financed their structural trade deficits.