Sentences with phrase «on currency speculation»

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 alonOn 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 alonon speculation, although did not specify that it should be on currency trading alonon 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.
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