Not exact matches
As long as countries maintain
weak -
currency policies, the risk of
other countries resorting to competitive devaluations will remain.
The four conglomerates originated in different sectors, but their underlying business model is the same: cultivate powerful allies in the Communist Party; use those relationships to win regulatory and property concessions; gather investment from friends, family and
other proxies of party elites into a murky, unregulated private holding company; borrow heavily from state - owed banks and
other sources to finance prodigious growth plans; invest as aggressively as possible in stock and property overseas as a hedge against slower growth in China and the risk of a
weaker Chinese
currency.
These and
other service providers have had the advantage of a
weak currency for years now and they aren't doing much with it.
While China is usually singled out for its policies,
other countries have behaved more irresponsibly, most notably rich Germany, whose surpluses, the largest in history, were built primarily on an undervalued
currency, after the creation of the euro, and on
weak wage growth, after the 2003 — 05 labor reforms.
A
weaker U.S. dollar, relative to
other global
currencies, deserves a lot of the credit as well.
When the dollar (and for that matter all
other national
currencies) can not be redeemed for either gold or silver, it is inherently «
weak» and ultimately worthless.
A
weaker dollar is beneficial to oil and
other dollar - denominated commodities, as it makes them cheaper to holders of
other currencies, broadening their investment appeal.
«The distinction amongst the sturdy pound and the weakening euro and rising marketplace
currencies — with each
other with
weak point in these economies — assist to drive profit warnings from the internationally - uncovered FTSE one hundred to a document high.»
And yet manufacturing has remained very
weak, which suggests that
other things besides
currency is at play here.
Studies have shown that those runs led to a decrease in manufacturing jobs, which in turn led to a suspicion that
other economies were taking American jobs off of the back of
weaker currencies.
When performance relative to the
other senior
currency (the euro) and the world's most important equity index (the S&P 500) are taken into account it becomes clear that the gold market has been
weak.
The
weaker the
other currency in the pair is, the more effect it might have.
They printed a massive amount of Swiss Franc which they've converted to
other currencies which they bought equities and they've done so well so the paper profit 55 billion last year equal to eight percent of their GDPall through the creation of money in order to keep the Swiss Franc
weak, which they've managed to weaken against the Euro last year also by about 10 percent even though the Swiss itself held against the dollar was a little bit stronger..
While a myriad of non-cryptocurrency related factors can explain this decline — indeed, the WGC highlights
weak demand for jewellery as being a particularly prominent contributory factor — it certainly begs the question: Are investors adding bitcoin and
other digital
currencies to their portfolios in place of gold?
«That's the
other thing that's hurt Australia in the past few years with the South American
currencies having been extremely
weak,» Mr Harvey said.
The US also has a
currency that covers lots of different states, some as strong as California or NY,
others on the
weak side, with little strong industries (like finance, technology, and the like).
Price value of
currencies is nothing more than a reflection of where that denomination's economy ranks as
weak or strong relative to
others.
The Bank Of Japan (Japan's central bank) is determined not to let the yen rise against
other currencies so they too are printing money to keep the yen
weak.
I'm not too sure about that, however, since the euro traded roughly sideways against the Greenback but was
weak against most
other currencies.
QE and negative interest rates might be controllable in a domestic setting, but in an international framework,
other nations might finally say, «Why would I want to get paid back in that
weak currency?»
When performance relative to the
other senior
currency (the euro) and the world's most important equity index (the S&P 500) are taken into account it becomes clear that the gold market has been
weak.
Governments worrying about unemployment will try and push their
currencies weaker relative to
others, no matter the cost.
Gold is used as an alternate option for investment whenever it comes to political & financial uncertainties and the
weaker dollar makes the metal available at cheaper price to the users of
other currencies.