A total of 205 companies
said currency moves had negatively affected their results in the third quarter of 2013, according to FiREapps, a foreign exchange risk - management company.
Not exact matches
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.
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.
«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.
After Switzerland's surprise
move to unpeg its franc, speculators are eyeing Denmark's
currency peg, but the Danes likely won't follow suit, analysts
say.
Comments from the Fed were «possibly disappointing for dollar bulls,» but the main reason for the euro's resilience on Thursday was profit - taking after the dollar's rapid
move higher,
said Jane Foley,
currencies strategist at Rabobank.
(Unilever
says corrected for
currency moves such as a strengthening dollar, its sales grew 4.3 %.)
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.
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...
In late November, China's foreign exchange agency released a three - line statement
saying it was set to increase its scrutiny of outbound merger and acquisition (M&A) transactions in an attempt to combat «fake deals», which are put together simply to
move renminbi offshore to avoid an anticipated depreciation in the Chinese
currency.
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.
Jan Dehn, head of research at Ashmore Investment Management,
says: «The adoption of a
currency basket should allow China to
move more quickly to a flexible exchange rate and is entirely consistent with the stated objective of the renminbi's formal inclusion in the SDR.
«That
move to the stock exchange is bringing Bitcoin into the mainstream for those who don't understand it and don't want to buy it to use as a
currency,»
says Burgoyne.
«While the Fed is
moving in one direction and getting ready to raise interest rates and embark on a tightening cycle, the European Central Bank is going in the other direction and easing monetary policy,»
says Eric Viloria, a
currency strategist at Wells Fargo in New York.
IMF's Christine Lagarde
said that Turkey's central bank did a great job containing markets and
currency moves in response to Coup attempt.
NEW YORK 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.
Switzerland's government
said today that it is «swiftly»
moving toward a legal designation of digital
currencies.
«More companies are trying to manage risk... but companies are still seeing highly uncorrelated
moves [against the dollar] based on swings in one
currency,»
said FiREapps CEO Wolfgang Koester.
While the Bundesbank
said they have no intention of selling gold, they did
say the
move is «pre-emptive» in case a «
currency crisis» hits the European Monetary Union.
However, I do think this preemptive
move has cost SNB some credibility, because bank officials
said just recently that the
currency cap was one of the key pillars of their system.
Lagarde also
said that in countries with weak institutions and unstable national
currencies it may be preferable to
move to a digital
currency rather than adopting the
currency of another country such as the U.S. dollar.
Dutch health - technology group Philips on Jan. 30
said its revenue in the fourth quarter of 2017 was 5.3 billion euros — up 5 percent compared with a year earlier, excluding the effects of deals and
currency moves.
In the release setting the payout amounts for this year, R&A chief Martin Slumbers
said the
move from pounds to dollars was a reflection of USD being the most commonly accepted form of payout
currency.
Almost a decade after that exercise, critics of the Kufour regime have continued to criticize the
move saying it yielded no result, but was rather politically motivated and intended to create the impression that Ghana's
currency was of a very high value.
This is just as he
said a sustained diversification plan by the Buhari presidency, steadily
moving away from the current mono - product economy, would increase the country's foreign exchange earnings and raise the value of Nigeria's
currency.
The polls showed a boost for the «no» camp, Standard Life became the first major employer to
say it might
move its operations into England and there was further doubt about what Scotland would use for
currency in the event of independence.
On the surface it's a confusing
move, given the larger trend of companies
moving away from internally controlled
currencies, but there's a lot to be
said for the idea if it is handled correctly.
Smashwords
says the
move will help authors who run international BookBub ads, want to price their books for a local market, or who want to normalize their pricing amid
currency fluctuations.
I
moved from RBC Direct to TD Waterhouse just for this reason and if more investors vote with their feet and demand a change, the brokers will fall in line before you can
say «
currency conversion charge».
But trying to time
currency moves is difficult, to
say the least.
However, in a statement the firm
said its US dollar figures are «very susceptible» to
currency exchange
moves and that if like - for - like exchange rates were used, this year's performance would represent a 4.6 % increase.
That being
said, keeping up to date with IT developments is a
moving target and large, complex organizations need to be constantly upgrading in order to maintain the
currency of their systems.
Facebook
said today that application developers can now apply to test out its virtual
currency platform, an aggressive
move that places pressure...
South Korea's financial regulator on Friday
said it will ban raising money through all forms of virtual
currencies, a
move that follows similar restrictions in China on initial coin offerings.
Hackers who stole around $ 530 million worth of cryptocurrency from the Coincheck exchange last week — one of the biggest such heists ever — are trying to
move the stolen «XEM» coins, the foundation behind the digital
currency said on Tuesday.
He
says, «I don't feel Bitcoin Cash has enough added value at this stage to make it an effective operational
currency with Bitcoin's Lightning Networks offering an alternative to Bitcoin Cash without the need to
move away from the original bitcoin.
First reported by Bloomberg, the news source is
said to have published a report detailing how Chinese officials could soon prohibit domestic bitcoin exchanges from
moving certain volumes of bitcoin and other digital
currencies abroad.
Peter Thiel helped to found PayPal with the intention to create a new
currency, but after eBay bought out PayPal, he
said that they
moved away from that initial goal.
BIPS
said that the
move would make it easier for consumers to pay for goods and services using the digital
currency,
saying:
Bill Targets «Ill - Gotten Gains» From «Internet - Based
Currencies» The bill, sponsored by republican Jose Felix Diaz, «makes sure that traffickers and fraudsters can no longer try to use internet - based currencies to hide and move their ill - gotten gains,» State Attorney Katherine Fernandez Rundle said in a statement quoted by local news resource Mia
Currencies» The bill, sponsored by republican Jose Felix Diaz, «makes sure that traffickers and fraudsters can no longer try to use internet - based
currencies to hide and move their ill - gotten gains,» State Attorney Katherine Fernandez Rundle said in a statement quoted by local news resource Mia
currencies to hide and
move their ill - gotten gains,» State Attorney Katherine Fernandez Rundle
said in a statement quoted by local news resource Miami Herald.
Jobs Friday is here, and market statistics
say that the US Employment Report is the most important monthly release, causing the strongest volatility in
currencies and the most durable
moves in the case of a huge surprise.
SBI
says the business
move is meant to meet the needs of the company's investors while aiming to establish a robust «ecosystem» with virtual
currency related businesses.
Matt Lavin of Benoit Properties International
says: «Given the strength of their
currency, South Africans are seizing the opportunity to derisk their portfolios by
moving funds into dollars — and to snap up US property at a discount at the same time.
The
move is to help identify home owners who may have been improperly foreclosed upon, Julie Williams, chief counsel of the Office of the Comptroller of the
Currency,
said at a congressional hearing.