He said weak currency and low yields in Japan may be one factor sending investors to the U.S. market.
Not exact matches
Through all of this silly labeling, Poloz simply has counseled patience,
saying the combination of a
weaker currency, low borrowing costs and sounder global demand would stir Canada's economy back to life.
Currency is having a benefit because of the
weaker U.S. dollar,
says Bastian.
The Business Outlook Survey
says executives are feeling better because of stronger demand for exports and a
weaker currency that is boosting their profit margins.
«What sparked the rally is a perception of a shift in Canadian government policy toward the dollar,»
said Michael Malpede, a
currency analyst in Chicago with Refco Inc., adding that Mr. Dodge's comments put an end to the widely held perception in the market that Canada supported a
weak currency to help its exporters.
For the past two weeks Canadian funds have been buying U.S. dollar assets when the Canadian dollar was
weak,
said Robert Keiser, analyst with MCM
Currency Watch in New York.
«Not a tradable price,»
said Stephen Innes, a senior
currency trader at Oanda in Singapore,
said of the conspicuously
weak renminbi rate.
The UK has voted to leave the European Union, setting off what is expected to be protracted political and economic uncertainty, which will lead to a
weaker currency, higher inflation, and lower growth,
says Jacob Nell, Morgan Stanley's UK economist.
Philips
said currency volatility in emerging markets such as Turkey, Argentina, and Indonesia and
weak orders for healthcare equipment would mean a slow start to the year.
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.
«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.
Deloitte's Mr Harvey
said during the past few years rival wine companies such as Argentina and Chile had made strong gains in the key US and UK markets at the expense of Australian producers because their own
currencies were so
weak and their bottled wine prices were extremely competitive on the shelves of liquor retailers in the US and Europe.
There's now talk that Greece could leave the euro and return to its old
currency, though economists
say the transition would be difficult and the drachma would likely be extremely
weak.
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?»
In the past decade, he
said, the prices of certain groceries had risen compared to the prices for the same thing in the US, all this despite Mexico's
weaker currency and higher unemployment.
«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.
«
Weaker economic growth throughout the world, devalued foreign
currencies and financial market turbulence combined to present significant challenges for foreign buyers over the past year,» he
says.
«
Weaker economic growth throughout the world, devalued foreign
currencies and financial market turbulence combined to present significant challenges for foreign buyers over the past year,» NAR Chief Economist Lawrence Yun
said.