Sentences with phrase «currency speculation in»

Michael writes on currency speculation in today's Financial Times — Capital controls will follow the weak dollar.

Michael writes on currency speculation in today's Financial Times - Capital controls will follow the weak dollar.

Not exact matches

Back in 2014, he wrote a Financial Times op - ed in which he criticized the virtual currency for being «unsuitable as a means of exchange» and said it was only attractive for two reasons: anonymity — as desired by money launderers and tax evaders — and speculation.

The move spurred speculation that Denmark's central bank may also depeg its currency; it's already cut its interest rates deeper into negative territory to counter pressure from a falling euro in the wake of the European Central Bank (ECB) launching a quantitative easing program.

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 post also said that speculation is driving most of the price action in digital currencies today.

Outside of traditional currencies, bitcoin and other cryptocurrencies rebounded after two days of losses tied partly to more regulators toughening rules on digital currencies in a bid to curb excessive speculation.

Some analysts said the sharp swings in offshore exchange rates and borrowing costs appeared to be engineered by the Chinese leadership, as a way to ease depreciation pressure on the renminbi and to discourage speculation — namely short - sellers, investors who bet on declines in the currency, often by using borrowed funds.

Bitcoin mining «consumes a large amount of electricity and also encourages a spirit of speculation in «virtual currencies»,» according to the document.

After all, why should businessmen invest in hiring more labor to work in factories, when they can make higher rates of return by financial maneuvering and currency speculation?

Quantitative easing subsidizes U.S. capital flight, pushing up non-dollar currency exchange rates Quantitative easing may not have set out to disrupt the global trade and financial system or start a round of currency speculation, but that is the result of the Fed's decision in 2008 to keep unpayably high debts from defaulting by re-inflating U.S. real estate and financial markets.

The move expands the scope of a similar document, seen on Tuesday, in which the central bank said it will require banks to hold reserves on behalf of clients» trading of currency forwards, in a move seen curbing speculation and volatility after a shock Aug. 11 yuan devaluation.

The announcement, which came in late January, ended months of speculation and conflicting reports about South Korea's intent to supress digital currency trading.

Gold futures fell the most this year on speculation that Greece's anti-austerity party victory won't result in the country leaving the euro currency bloc, crimping demand for haven assets.

To the uninitiated, market trading may sound like something reserved for the financial elite, but with the proliferation of online currency exchanges and trading platforms, anyone can take part in market speculation.

As Silver Lake Partners» Genn Hutchins pointed out to the Financial Times in a recent interview when making the distinction between the recent pure currency speculation and the promise of the underlying technology benefits

Currency markets are some of the most active markets for speculation and arbitrage — they're open every day in the business week for 24 hours per day all year long, and they regularly see global trade volumes of more than $ 5 trillion on a daily basis.1

The emerging markets sell - off intensified on Monday with stocks heading for their worst day in almost six months even before Latin American bourses opened, and currencies weakened further until the Turkish central bank prompted speculation it might raise rates by calling an emergency meeting.

BlackRock Inc's (BLK.N) global chief investment strategist on Tuesday suggested that loose monetary policy may have aided speculation in digital currencies like bitcoin, but he said the risk to the broader financial system appears limited.

South Korea took additional measures to restrict movements in its currency, implementing controls on non-deliverable forward contracts in mid January in an effort to curb speculation in the won.

Banks now lend mainly to other financial institutions, hedge funds, corporate raiders, insurance companies and real estate, and engage in their own speculation in foreign currency, interest - rate arbitrage, and computer - driven trading programs.

Though many in the cryptocurrency industry treat bitcoin and the multitude of altcoins as digital currencies or speculations, the US tax collection agency has classified them as property.

ATTACs principal focus areas at the moment are: the different forms of taxation of financial transactions, in particular the Tobin tax on currency speculation; the creation of new instruments for the regulation and control of finance at the national, European and international levels; the battle against tax havens and financial crime; and the demystification of pension funds.

The involvement of western forces in the economic collapse, such as currency speculations against the Ruble that contributed, or the George Soros political influence.

It's important to remember that investing in any currency (even USD or EUR) is simply speculation.

The currency has been climbing since the middle of June when speculation the Bank of Canada might raise interest rates started in earnest.

The short answer is that speculation and growing confidence in the currency have increased demand.

Speculation in currencies is most often referred to as currency trading.

While speculation is typically driven by economic, global and market effects, price action is sometimes volatile, and significant adjustments in currency value can take place quickly.

These speculations are made on the currency pairs, which mean that how much secondary currency is required to buy one unit of the base currency, for example, in Euro / USD pair, Euro is the base currency and the rate will show the amount of USD required to buy 1 Euro.

Keynes had dabbled in currency speculation after the first world war, trading on margin and realising both large losses and large gains.

It is possible to make a good income from speculation in the foreign currency market thanks to the exchange rate's constantly fluctuating position which is able to change and alter on a regular basis often up to every hour.

«Naive» speculation often results in disasters when currencies suddenly move like when the peg of the Swiss Franc broke.

Factor in the sharp drop in the $ A since the start of the year and weakening outlook for commodity currencies, and they might even have to settle for less than book (pure speculation on my part).

This would effectively be currency speculation, betting that the Pound will be stronger vs. the Euro in November (or whenever) than it is today.

Instead, what you are doing is more along the lines of speculation, determining how one currency will move in relation to another.

It is a certain fore of speculation where the trader stakes on the fluctuations in the exchange rates of the pairs of currencies.

Living primarily in Belize City and Orange Walk, they formed an aloof, close - knit community that, by the late 1980s, dominated Belize City retail trade and played a major role in currency exchange and speculation.

By questioning investments in art as proof of self - expression — through tactics of anonymity, collective agency, shared authorship, appropriated identities, delegated curating and art making, and financial speculation — works in the exhibition highlight how subjectivity has been treated as a form of living currency to exploit, market and sell to.

In 2014, the securities regulators (specifically, the Ontario Securities Commission) viewed digital currencies through the lens of transactions and speculation:

The price of Bitcoin and other [virtual currencies] is entirely a matter of mere speculation resulting in a spurt and volatility in their prices.

A Digital Asset Research report in 2017 went so far as to estimate current bitcoin use cases would make the currency worth around $ 2,074 without speculation.

«Buying and selling virtual currencies is not compatible with religion at this time because of the fact that their valuation is open to speculation,» the Directorate of Religious Affairs wrote in response to a consumer inquiry.

China also recently advised Bitcoin miners to «make an orderly exit» from the country because «huge amounts of resources and stoked speculation of virtual currencies» were being exhausted in the process.

There is an argument for speculation in this new asset class, but at the end of the day, I think use as an actual currency is what will take cryptos from «nerds and libertarians» to everyone.

The move led to big changes in the prices of both digital currencies, with one falling sharply and the other rising, leading to speculation and accusations of insider trading on the platform.

The Chinese magazine also mentioned the same in their recent story which brought ahead widespread speculation in the market for digital currencies.

The Chinese government apparently was concerned over investor speculation in the digital currency, and in particular in the use of Bitcoin to move money outside the country.

PayPal has sparked speculation in the wider digital currency community with the release of a new promotional video that makes reference to bitcoin.

«We want to promote the idea through entertainment that virtual currencies are not just a tool for speculation, but are a wonderful technology that will shape the future,» Rara Naruse, the 18 - year - old lead singer who represents Bitcoin Cash in the band, said in a statement.