Sentences with phrase «for currency speculators»

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.

Not exact matches

Small currencies are also a favourite target for speculators, which increases volatility, and the króna has been no exception.

Denmark's central bank is reaching for bigger bazookas to battle the speculators betting it will be forced to abandon its currency's peg to the euro.

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.

Klitgaard and Weir use data from the Chicago Mercantile Exchange to analyze the relationship between speculators» net positions and exchange rates for six currencies from 1993 to 2003.

But given the international effects, I don't see how China is going to withstand yet more demand for its currency as speculators and other foreigners try to buy yuan - denominated assets.

Positive eurozone expansion is making the region a more attractive bet for investors and currency speculators.

That's good news for speculators who remain near the most bullish on the currency since 2012.

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.

By CountingPips.com — Get our weekly COT Reports by Email The latest data for the weekly Commitment of Traders (COT) report, released by the Commodity Futures Trading Commission (CFTC) on Friday, showed that large traders and currency speculators reduced their bets for the Euro from a record high level this week while also pulling back -LSB-...]

[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.

By CountingPips.com — Get our weekly COT Reports by Email US Dollar net speculator positions fell to $ -23.42 billion this week The latest data for the weekly Commitment of Traders (COT) report, released by the Commodity Futures Trading Commission (CFTC) on Friday, showed that large traders and currency speculators increased their aggregate bearish bets for -LSB-...]

«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.

For investors who prefer to get pure exposure to gold and leave the currency plays to the speculators, Claymore launched an unhedged version of its gold ETF (CGL.C) in March.

While some everyday vendors have looked into accepting Bitcoins too, most of the demand for the currency has been fueled by speculators, rather than early adopters.

Fear, perhaps justified fear for many speculators with too much to lose, amplifies each new regulatory revelation, even when the news is good for the long term adoption of digital currencies.

So, here's how it's going to work: Normal people who aren't token speculators will hold fiat, and they will exchange them for tokens at the very last minute via a new third party intermediary payment processor whose job will be to turn whatever stable currency you have into tokens for the purpose of paying for that service.

Having seen bitcoin tokens explode from less than $ 0.01 to $ 10,000 per token in under eight years had speculators throwing darts at dozens of virtual currencies in 2017, grasping for straws at what might be «the next bitcoin.»

It didn't take long for speculators to sniff out the SEC statement and begin selling their digital currencies.

Forex stands for foreign exchange and is used to describe trading in the currency market by investors and speculators...

While bitcoin may have been the worst performing currency in 2014, it also continues to be the most volatile currency, creating opportunities for speculators.

The currency unit ether, thus, is not intended for market speculators but rather for the developers building apps on the Ethereum blockchain or users ready to flirt with smart contracts.

Bitcoin surged by as much as 7 percent on Tuesday and was on track for its longest winning streak in 18 months, as concerns that Greece could tumble out of the euro drove speculators and Greek depositors into the decentralized digital currency.

Bitcoin miners signaling support for specific protocol changes is sometimes mistaken for a vote on the rules of Bitcoin, but it's unclear if there is much of a connection between what miners want and how speculators will react once they are able to trade two different digital currencies based off the distribution of bitcoins at a specific block height.

Here are some of the reasons: - As a Payment System — Bitcoin is sent across the Internet quickly and cheaply without the need for costly 3rd parties As a Speculator — short term trading as a revenue stream As a long term Investment — Bitcoin, a store of value, is on an upward trend with long - term fundamentals strong Using bitcoin as a natural hedge for local Fiat Currency...

BITCF chose USDT as a medium of exchange for speculators to acquire ALT since it is the most actively traded Omni asset with tens of millions of coins in daily volume, trading in 11 currencies on Poloniex cryptocurrency exchange, as well as many other exchanges such as CoinQX and OMNIDEX exchanges.