Sentences with phrase «of currency moves»

Swiss bank UBS reports that from 2000 to 2010, while Taiwan's economy had an average annual growth rate of 4.2 percent, its stock market barely budged in U.S. dollar terms, because of currency moves.

Interest rate differentials typically are a good predictor of currency moves, but not this time.

Sales last year totalled 9.16 billion euros ($ 11.3 billion), up 2.2 percent net of currency moves.

This can occur because the exchange rates are baked into top - line revenues — something that many analysts may have overlooked because of the speed of the currency move.

This can occur because the exchange rates are baked into top - line revenues — something that many analysts may have overlooked because of the speed of the currency move.

On January 15, 2015, when the Swiss National Bank eliminated its currency's Euro - peg, the value of that currency moved 30 % in minutes, wiping out many currency traders in what were thought to be low - risk arbitrage - like investments.

Not exact matches

As Zynga becomes the latest adopter of the digital currency, the move highlights a budding trend: businesses adopting bitcoin to woo a key consumer demographic.

Iran moved this month to formally unify its official and open market exchange rates and banned money changing outside of banks, after its currency, the...

NEW YORK, May 2 - U.S. stocks fell on Wednesday as investors digested a statement from the Federal Reserve, which left interest rates steady and said inflation had «moved close» to its target, while the dollar climbed late against a basket of currencies.

These dates marked the start of official, legal, recognized options contracts on the major commodity exchanges in the U.S. To me, this is a major step forward in legitimizing digital currencies and moving them away from the «fraud» Jamie Dimon and others see in cryptocurrencies.

But the company will benefit from the fund's decision to use XRP, in part because it controls large reserves of the currency (which may get a price boost from Arrington's announcement) and because the move may burnish Ripple's reputation as a money transfer platform.

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.

Even though these «up to 12 - hour transaction lead times» (when moving bitcoin to and from exchanges) could be adressed, Oldenburg sees no signs of change, because the currency is purportedly being run by the «old» bitcoin network, the members of which he calls «fanatical bitcoin talibans».

The rise of virtual currency may spell the end of the clunky nickel, the slim dime and, soonest of all, the tenacious penny (which a 2007 Desjardins study estimated costs Canada about $ 130 million annually to produce, store and move).

It's the Fed's mandate to promote a stable currency (2 % inflation per year) and full employment (unemployment between 5.2 % and 5.5 % now, but this is more of a moving target).

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.

Pozible says the move is a result of both the rapid increase in popularity of the digital currency and the low cost associated with the transaction.

These moves are necessary after a long gap of women being excluded from America's currency, wrote Lew, but will also preserve the old mainstay and founder of the nation's financial system: Hamilton.

Britain's relatively rapid loss of its superpower status reached its logical conclusion during the Suez Crisis, when U.S. President Dwight Eisenhower persuaded Britain to withdraw by threatening to sell America's reserves of the pound — a move that would have sent the British currency into free fall.

Venezuela launches a new oil - backed digital currency Tuesday, in a move the government hopes will help pull the country out of a deepening economic crisis.

Venezuela launches a new oil - backed digital currency Tuesday, in a move the government hopes will help pull it out of an economic crisis.

And sources across the spectrum agree that the combination of opaque oversight and easy - to - move digital currencies creates a powerful temptation to go astray.

IT»S easy to get excited about what's happening in the fast - moving world of currency values but it's wrong to describe what's happening as a «war», because it's not; what's going on is simply economics at work, and it's telling a story of changes in the wealth of nations.

«The NDF has moved a lot more than the spot,» said Nizam Idris, head of currencies at Macquarie, noting that the one - month NDF is at 3.8720 ringgit against the dollar.

The velocity of the move will be based on the movement of the dollar in conjunction with other major global currencies; A fast move higher in the U.S. dollar will force the price of crude lower quickly (crude is denominated in dollars globally) and force selling by those who need capital.

But it comes with a risk: that growing numbers of rich Chinese move capital out of the country to avoid a devaluing currency.

According to the ICIJ they show how officials tied to Russian President Vladimir Putin moved as much as $ 2 billion in Russian currency through a variety of banks and dummy corporations.

It began moving into online currency trading and contract for differences earlier this year with the acquisition of TradeFX in April.

In the last couple of months, oil has tended to move inversely to the dollar, as weakness in the currency makes it cheaper for non-U.S. investors in crude to buy and vice versa.

Remember, currencies with less float will move more on a given increase in demand, so a little bit of euro selling against these other currencies could go a long way.

When he left Nike at the end of last year, some scratched their heads; they continued scratching them when he moved to a digital currency startup.

To leverage the cost advantage, Richter learned how to monitor constantly fluctuating prices and reroute calls on the fly to chase the bargains, like a financial trader moving money from one currency or commodity into others in sync with the complex ebb and flow of the market.

Even the pro-EU FT warily concedes, «the move would arguably represent the biggest transfer of sovereignty since the creation of the single currency.»

The scale and speed of the move in what is one of the world's most - traded currencies caught many financial firms unprepared.

Derek Halpenny, a currency strategist at Bank of Tokyo - Mitsubishi UFJ, described the currency move as «unprecedented.»

LONDON — The staggering ascent in the Swiss franc, one of the most acute moves in decades by a major currency, has hurt financial firms around the world, with at least two brokerages going out of business.

Business Insider used IIE's research to find the top 20 countries and then researched the basics of what they need to know before moving there: official language, currency, and exchange rate (as of early August).

German Chancellor Angela Merkel and French President Francois Hollande, the euro zone's most powerful leaders, said Athens must move quickly if it wants to secure a cash - for - reform deal with creditors and avoid crashing out of the single currency.

The NAV (net asset value) of a bond fund will move up or down based on a number of factors such as changes in interest rates, credit quality, and currency values (for international bonds) for the different bond holdings in the fund.

CARACAS, May 3 (Reuters)- Venezuela said on Thursday it arrested 11 top executives of the country's leading private bank Banesco for allegedly hurting the OPEC nation's ailing currency, the latest move against the private sector that unpopular leftist President Nicolas Maduro blames for a deep...

Under the leadership of either Hillary Clinton or Donald Trump, each of whom has addressed virtual currency and blockchain technology during their respective presidential campaigns, Congress will hopefully move swiftly to pass legislation that accomplishes the goals set forth in H.R. 835.

It was also lower than Wednesday's close and comes after China adopted a more market - oriented method of calculating the currency rate in a move widely seen as a devaluation.

It's a safe and global digital currency, which has been increasing all through 2017, and I don't have to tell you how good it is to move in favor of the market.

We'll ignore currency issues (including the jurisdiction of the CFTC over such things) for the moment, except insofar as New York's definition of virtual currency (which you need a license to move around) is very broadly construed and includes most «digital units of exchange» which could certainly include tokens.

But, Holmes offered, through APIs and a tie - in with Ripple, it's possible to move money between far - flung banks without the messaging and delays that stem from working within the traditional T +2 FX markets, which demand forecasting for local currency needs — creating differences in price between time of trade and time of use.

Hundreds of millions of US Dollars, Euro, and other currencies are moved around daily all over the world in exchange for illegal trades.

And because China tightly controls the value of its currency, such a sharp and sudden move would be no accident.

China moved closer to that goal in 2016 by joining the International Monetary Fund's elite basket of special drawing rights (SDR) currencies.

Iran moved this month to formally unify its official and open market exchange rates and banned money changing outside of banks, after its currency, the rial, plunged to an all - time low on concerns about a possible return of sanctions if the United States exits a multilateral nuclear accord.

China has only completed the first part of the rebalancing — interest rates, wages and the currency have all moved sharply closer to healthy levels, levels at which the imbalances are no longer getting worse, in other words, but Beijing has still not got its arms around credit growth because to do so would cause GDP growth to drop much more sharply than Beijing is willing to tolerate.