Sentences with phrase «currency speculators»
Currency speculators are individuals or entities who make investments in foreign currencies with the goal of profiting from fluctuations in their value. They speculate on whether a particular currency will go up or down in value, and make trades accordingly in hopes of making a profit. Full definition
What U.S. quantitative easing is achieving is to drive the dollar down and other currencies up, much to the applause of currency speculators enjoying quick and easy gains.
michael-hudson.com
At first, I was discouraged to learn that companies were being started by currency speculators not technology companies.
A former Economic Adviser to former President Olusegun Obasanjo, Prof. Ode Ojowu said the measure would further create problems for currency speculators who had not recover from the sudden appreciation of the Naira.
As published in Counterpunch The «Greek bailout» should have been called what it is: a TARP for German and other European bankers and global currency speculators.
While many digital coin «investors» would argue that neither does a dollar, I counter that just about nobody thinks of American cash as an investment, except for perhaps currency speculators.
Therefore, many currency speculators rely on the availability of enormous leverage to increase the value of potential movements.
«Secondly, they want the CBN to fold its arms and allow currency speculators to drive the naira down to a level at which it will be easy for their paymasters to buy up and take control of the Nigerian economy.
While some anticipate the loonie could pull back if currency speculators want to lock in profits, the longer term trend points to a slightly higher dollar.
The series of interventions by the apex bank at the nation's foreign exchange market had been critical in defending the Naira against the antics of currency speculators.
Positive eurozone expansion is making the region a more attractive bet for investors and currency speculators.
In particular, it was only for a brief period in 2012 that currency speculators, as a group, were more short (that is, more bearish) on the SF than they are right now.
But to be clear we are stock pickers not currency speculators.
It's global payment network was started in 2012, and has continued to grow as companies have adopted it, and currency speculators have taken interest in Ripple.
Eventually, the supply of dollar reserves held abroad exceeded the US stock of gold, implying that the United States could not maintain complete convertibility at the existing price of gold — a fact that would not go unnoticed by foreign governments and currency speculators.
By now everyone has some awareness of Bitcoin — the rapidly growing cryptocurrency favored by internet geeks, currency speculators, and those who want anonymity in financial transactions.
That's precisely why a fiat currency system (not pegged to gold) can still work and not be disrupted because of currency speculators.