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.
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
«The financial
speculation that's going
on... is so important to developing infrastructure,» says Demirors of the Digital
Currency Group.
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.
Earlier the euro zone common
currency had fallen to a session low against the dollar and yen
on speculation that some large German banks could be asked to split their investment banking operations, driving European shares lower.
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.
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.
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.
When I saw that Congress was discussing digital
currencies and new bitcoin price records were getting daily mentions
on CNBC and other mainstream outlets, I decided it was time to take a ride (purely
speculation, not an «investment»).
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.
On November 7, 2009, prime minister Gordon Brown said that G - 20 should consider a tax on speculation, although did not specify that it should be on currency trading alon
On November 7, 2009, prime minister Gordon Brown said that G - 20 should consider a tax
on speculation, although did not specify that it should be on currency trading alon
on speculation, although did not specify that it should be
on currency trading alon
on currency trading alone.
It also supports direct
speculation and evaluation relative to the value of
currencies and the carry trade
speculation, based
on the differential interest rate between two
currencies.
The large majority of
currency speculation is done by traders who have no other purpose for buying and selling
currencies than profiting
on price changes.
Forex trading is the business of making
speculations on the rates of
currencies and assets; such as gold or silver and earn profit by investing money; and is easily managed from any part of the world.
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.
The reality is that
currency speculation (and that is what Reed is repackaging as a «hedge») can be a part of a portfolio, but certainly should not be what you use day to day to pay bills (which is what Reed recommends) unless you have an intense desire to see the price of your sandwich at Subway to vary from $ 5 to potentially 10 or 11
on a given day.
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.
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).
It is a certain fore of
speculation where the trader stakes
on the fluctuations in the exchange rates of the pairs of
currencies.
Coinbase recently launched GDAX, a platform focused
on digital
currency trading and
speculation.
There's already
speculation that the voting system will be tied into Facebook Credits, the virtual
currency system that has mushroomed
on the social network as a gaming platform.
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.
When people think about cryptocurrency, they often associate it with illicit drug sales
on the darknet or volatile
currency speculation.
More than 1500 bitcoin community members will soon be converging
on Miami for a direction - setting conference aimed at driving the
currency from
speculation to mainstream.
«As security threats such as virtual
currency speculation and hacking
on handling sites are increasing, the actual situation of personal information protection of major virtual
currency exchanges has been found to be very weak,» Korea Communications Commission chairman Lee Hyo - Sung said.
As there are signs of digital
currency speculation, including Bitcoin, the financial regulators will strengthen regulations
on the trade of digital
currencies to protect consumers.
Like other digital
currencies, Populous suffered a sharp decline last week
on speculation that South Korea was clamping down
on cryptocurrency trading.
On Dec. 28, the South Korean government announced its plans to ban the use of anonymous virtual accounts for cryptocurrency trading in an effort to «curb virtual
currency speculation», local news agency Yonhap reported.
The South Korean government is considering a range of policy options in order to curb what it called an «overheating of virtual
currency speculation,» including a possible capital gains tax
on trades.
However, it's not certain whether this digital
currency will take the form of a cryptocurrency or whether some other technological innovation will form the basis of this
currency, he said in remarks during a press conference
on Friday, in which he also took aim at
speculation around cryptocurrency markets.
Hopefully the volatility can slow down, and these
currencies can rely less
on speculation for their pricing as time moves
on.
They also claim that cryptocurrencies «are currently largely mislabeled as «
currencies» in the media and
on the internet,» creating a «lack of clarity» which «can only fuel
speculation.»
a) High price volatility as investments tied to Virtual
Currencies are highly unstable and are primarily based
on speculations; b) Failure / closure of Virtual
Currency exchanges / businesses due to any reason including action by law enforcement agencies; and c) Hacking / security compromises of cryptocurrency exchanges and wallet businesses.
While SyncFab has said that it may expand the use of the MFG token to replace the current fiat
currency payments
on the platform, this seems to be only
speculation at this stage, especially considering that the token sale will probably finish far from its hardcap.
The SBP took the action
on account of the following risks: • Virtual
currencies are highly volatile, unstable and the prices are primarily based
on speculations; • The failure and closure of virtual
currency exchanges and businesses for any reason, such as action by law enforcement agencies; and • The number of security compromises of virtual
currency exchanges and wallets worldwide in which large amount of funds have been lost.
Jackson Palmer, the founder of Dogecoin who left the project in 2015, is reported to have excoriated the current environment of rampant
speculation that surrounds most altcoins, stating: «I have a lot of faith in the Dogecoin Core development team to keep the software stable and secure, but I think it says a lot about the state of the cryptocurrency space in general that a
currency with a dog
on it which hasn't released a software update in over 2 years has a $ 1B + market cap.»
With the digital
currency, trading at record highs
on mere
speculation there is now a strong reason to be a bear and make a considerable profit by hedging against it.
With several executives across the financial industry showing criticisms about the
currency, the coin has finally been able to surpass price action being solely based
on speculation.