Sentences with phrase «currency position of»

Not exact matches

In view of this, it is puzzling that these countries complained about «currency wars,» alleging that the «monetary tsunami» unleashed by the U.S. and the euro area was threatening their competitive positions by pulling up their currencies, when, in fact, the real and the rupeewere falling against the dollar and the euro.

Some of Wednesdays trading was likely market participants taking advantage of Tuesdays moves to buy currencies at cheaper levels, or to exit long dollar positions, after much of Asia and Europe returned from the May Day holiday, said Osborne.

«We should be looking to reduce the value of the dollar against other currencies,» he tells Inc. «This would improve the competitive position of U.S. goods and services.»

We also hold large positions in Davis + Henderson Income Fund and CML Healthcare Income Fund, both of which offer stable businesses with no material foreign currency exposure.

These include currency - hedged ETFs, triple - levered ETFs based on commodities, unconstrained bond funds with short positions betting against U.S. Treasurys, private equity funds, emerging market debt instruments, historically less - liquid bank loan funds, and all manner of actively managed strategies packaged in supposedly easy to buy and sell wrappers.

Positioning in the currency markets saw the pound slip in early trade on Wednesday morning before finding its feet and trading mostly flat against the U.S. dollar in the run - up to the official triggering of Article 50 — which kickstarted the negotiations between the U.K. and Brussels shortly before 12:30 p.m. London time.

The likely eventual inclusion of the Chinese yuan in the elite rank of «reserve currencies» will not threaten the global leadership position of the US dollar, which currently accounts for over 60 % of global currency reserves.

In the latest week they reduced the value of their short dollar position against a range of developed and emerging currencies by $ 4.38 billion to $ 23.81 billion.

The cases, known as the London Whale episode for the outsize nature of the positions, resolved inquiries from four agencies: the Securities and Exchange Commission, the Office of the Comptroller of the Currency, the Federal Reserve and the Financial Conduct Authority in London.

The net position — contracts to buy a foreign currency at a future date minus contracts to sell the same currency — is often watched by market analysts, who interpret its movements as a proxy for speculators» changing views of the short - term direction of exchange rates.

The authors find that knowing the direction of the change in the net position in a particular currency, one would have a 75 percent chance of correctly guessing the exchange rate's direction over that same week.

Furthermore, in a possible future where virtual currencies have won significant mainstream adoption, J.P. Morgan may not be naturally positioned to offer the kinds of services that consumers want.

Senator Coburn, generally regarded as being very conservative, has yet to issue statements that are clearly indicative of his position on virtual currencies.

Global Currency Strategist Hans Redeker notes that bearish positioning in the futures market shows the most extreme negative view of the dollar since April 2009.

In contrast, the banking sector had a net foreign currency liability position before taking into account the use of derivatives for hedging purposes and a net foreign currency asset position of close to zero after accounting for the use of hedging derivatives.

As at the end of March 2013, international investment position (IIP) data indicated that Australian entities overall had a net foreign currency asset position equivalent to 27 per cent of GDP before taking into account the use of derivatives for hedging purposes (ABS 2013a).

This net position in turn consisted of foreign currency asset holdings equivalent to about 20 per cent of GDP, with more than three - quarters of this in the form of equity investment (including direct investment by multinational companies in their offshore operations).

Unless these firms» net foreign currency liabilities are hedged, a depreciation of the Australian dollar could result in a deterioration of their balance sheet positions — by increasing the Australian dollar value of their liabilities relative to their assets.

Its relatively high global position reflects the special place the Australian dollar holds in portfolios of international funds managers because of its relation to commodity prices, offering a degree of diversification from other currencies.

The general government sector — which consists of national, state and local governments — had a net foreign currency asset position equivalent to around 3 per cent of GDP as at the end of March 2013, before taking into account the use of derivatives for hedging purposes (Table 2).

This net foreign currency asset position before hedging has increased from 7 per cent of GDP from the end of March 2009, driven by a decline in the value of foreign currency denominated liabilities.

A long position in a foreign currency derivative is one that would profit from a depreciation of the Australian dollar against that foreign currency.

Marc Chandler, Brown Brothers Harriman Global Head of Currency Strategy, says the market has been squeezed out of a lot of the short yen positions.

After accounting for the use of hedging derivatives, the FCE survey indicates that the overall net foreign currency asset position of other financial corporations was equivalent to 16 per cent of GDP, with a hedging ratio of around 35 per cent for foreign currency assets and 60 per cent for foreign currency liabilities (Table 1).

Of this $ 36 billion was in U.S. dollars; $ 19.7 billion in other currencies; $ 8.7 billion in Special Drawing Rights (SDRs); and 4.1 billion in a reserve position in the IMF.

In addition to the Total Return Fund's positions in TIPS and short - dated Treasury securities, the Fund continues to hold about 30 % of assets in a diversified group of precious metals shares, utility shares, and foreign currencies.

By comparing virtual currency to the early days of the internet Senator Carper has taken a position of cautious optimism.

With these offerings, the CME Group is positioning itself as a market leader in the rapidly - growing digital currency space, «Delivering innovative products and services that meet the market's evolving needs is at the core of CME Group's business, and we are proud to lead the way for the industry as digital assets develop.»

Kraken CEO Jesse Powell said that the investment capital would be used to strengthen Kraken's position in the digital currency space, including an expansion of their robust compliance strategy, forging strong bank partnerships, and improving customer support.

With the addition of these new currencies, Revolut is strengthening its position in the market.

The authors address these questions and provide a comprehensive overview of what an RMB clearing hub is and how it fits into existing developments in currency internationalization, policy reform in China, and the positioning of cities in a changing global economy.

The domestic currency on Wednesday ended steady at 66.66 as currency traders avoided taking any positions ahead of the much - awaited FOMC policy decision and US jobs report.

-- We take profit on our overweight GBPCHF position, and close our emerging market currency basket trade, while keeping some of these investments in the portfolio.

The report claimed that Goldman Sachs is positioned to become the first Wall Street firm to make markets in digital currencies, citing unnamed insiders and a potential launch date of June 2018.

Importantly, the analysis takes the same look as I did on how FinCEN stifles currency competition, «the guidance takes the position that if the broker or dealer transfers funds between the customer and a third party that is not part of the transaction, it is operating as a money transmitter.

Risks of a Federal Reserve's interest rate hike in June moved front and center Thursday, jostling for position with a simmering China - U.S. trade war, and weaker currencies on the growing list of headaches for stock investors in Asia.

Author Sebastian Markowsky called the coming market crash «crypto - winter,» but said the handful of currencies that survive the crash will be positioned for unprecedented growth once the selling cycle passes.

This makes it the task of a trader very easy as he or she can trade the stocks listed in NYSE sitting in the Paris, without switching the screens or brokers, simultaneously, the traders can take positions into their favorite currency pair and / or commodity.

The «hardness» of a currency, they write, «could be defined as the willingness of international agents to hold the currency, as measured by its actual use in cross border financial positions.»

Here is Luno's position (and actions) regarding three areas of interest: Using digital currencies as payment mechanism Owning digital currencies like Bitcoin and Ethereum Buying, selling and trading digital currencies...

There's been a lot of talk lately about the US Dollar losing its position as the world's major reserve currency.

Finally, the CFTC's Commitments of Traders (COT) report shows that large speculative traders are holding a record net long position in the euro, a polar opposite in sentiment toward currency relative to last year.

A Forbes blogger in December, imagining bank losses from cryptos, was to his credit willing to acknowledge: «Of course, this is a doomsday scenario and there's no evidence that big banks have garnered large positions in Bitcoin or other currencies — yet.»

Where the instrument currency is different to the account currency, currency conversions of trading costs as well as profit / loss from trading activities are executed using the FX Spot mid-price at the time of closing the position, plus / minus 0.5 %.

Pretty soon, policy - makers in the «reserve - rich» country find themselves in the position of having to sell reserves in an effort to arrest a downward trend in their currency's exchange rate — a downward trend that is exacerbating the local «price inflation» problem.

I believe in order for anyone to unseat Bitcoin from the number 1 position, they will need to be the first to transparently integrate their currency with current forms of payment options -LSB-...] By taking cryptocurrency mainstream, and allowing it to be used like any other form of payment, they can hit a user segment that has largely been untapped by current cryptocurrencies.

As the best - known and most popular (in terms of trading volume) of all cryptocurrencies, bitcoin has the enviable position of being the digital currency with the most credibility and widespread recognition.

By CountingPips.com — Receive our weekly COT Reports by Email Eurodollar Non-Commercial Speculator Positions: Large speculators continued to increase their bearish net positions in the Eurodollar futures (interbank dollar deposits, not euro currency) markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) oPositions: Large speculators continued to increase their bearish net positions in the Eurodollar futures (interbank dollar deposits, not euro currency) markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) opositions in the Eurodollar futures (interbank dollar deposits, not euro currency) markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.

[11] It may also be useful to adopt the techniques used successfully by Singapore (and now others) to limit the ability of domestic banks to lend to foreigners in domestic currency, thus making it much harder for foreign speculators to take large short positions on the currency.

Currency Hedges Because of the U.S. dollar's continued weakness relative to other global currencies, we added to existing hedge positions and initiated a hedge for part of the Fund's euro exposure.