Sentences with phrase «taken by the currency»

All the steps being taken by the currency pair lead downward, which is great for short - side traders but not so encouraging for PM Shinzo Abe.

Not exact matches

EOS, simply put, is a futuristic platform for developing decentralised software applications, and is being built by parent company Block.one, which took the wraps off it at the digital currency conference Consensus in New York in June.

Indeed he is, as Flutterwave promises to change the way financial transactions take place in Africa, by offering easy exchange of digital currency, that opens Africa up to the world.

Russia's central bank took drastic action to defend its rouble currency in a surprise midnight raising of interest rates by 650 basis points to 17 percent.

Walter Kemmsies, managing director, economist and chief strategist at JLL Ports Airports and Global Infrastructure, notes that that many of the job losses that are popularly blamed on NAFTA would likely have taken place even in the absence of NAFTA, in part because of growing competition from China - based manufacturers, many of which have taken advantage of currency manipulation by the Chinese government that has rendered China - made products more price - competitive in the U.S. Likewise, Mauro Guillen, head of Wharton's Lauder Institute, agrees that without NAFTA, many American jobs that were lost over this period would probably have gone to China or elsewhere.

«It is a big waste to have taken the huge step to adopt a single currency and continue to forgo the benefits that could be reaped by creating a true banking and capital markets union,» ECB Vice President Vítor Constâncio said in a report.

The race between automation and human work is won by automation, and as long as we need fiat currency to pay the rent / mortgage, humans will fall out of the system in droves as this shift takes place... The safe zones are services that require local human effort (gardening, painting, babysitting), distant human effort (editing, coaching, coordinating), and high - level thinking / relationship building.

PayPal is taking another small step in helping digital currency, particularly bitcoin, enter the mainstream by helping their merchants accept bitcoin payments...

While a weaker yuan looked inevitable to Trinh, the central bank's decision to devalue the currency on Tuesday took markets by surprise — sparking a selloff in global equities and emerging - market currencies.

As evidenced by the image below, interest in momentum research has taken off since the original 1993 Jegadeesh and Titman paper: Source: «Two Centuries of Multi-Asset Momentum (Equities, Bonds, Currencies, Commodities, Sectors and Stocks)»

This massive selloff on virtual currency exchanges is the second of its kind in the last three weeks, with a similar event having taken place on April 19, 2017, as reported by ETHNews.

Mr. Draghi also took classes with Rudiger Dornbusch, the international economist who postulated that in flexible, multi-exchange rate systems, a single currency can overshoot its intrinsic value — an idea that was often cited by supporters of the euro as a reason to adopt the single currency.

But if the independent state of Catalonia will take control of its economy first by adopting blockchain currency, its economic standing in the world, albeit miniscule in terms of dollars and cents, will be cemented.

«Yesterday, we seized brochures that have to do with business schemes relating to virtual currencies that would be operating abroad, and are advising the Bolivian population not be fooled with such schemes that only take advantage of the population by acquiring their money.»

According to the report, because cryptocurrency exchanges and wallet providers are under no obligation to identify suspicious activity, terrorist groups are able to transfer money into the EU's financial system, taking full advantage of the degree of anonymity provided by virtual currency platforms.

By comparing virtual currency to the early days of the internet Senator Carper has taken a position of cautious optimism.

If these inflows however are counterbalanced by rising private inflows from Chinese businesses and wealthy individuals taking money out of China, either because of weaker domestic growth prospects of because of rising nervousness and uncertainty, asset prices might not fall as much as we would have expected, but Australia will be caught in a vice a little like that of, for example, Spain, in which export weakness can not be partially counterbalanced by a weaker currency.

Usually when a company rebrands itself by diving into the digital currency space, the stock waits until after the announcement to take off.

After being celebrated by some as the future of money in a digital age, the virtual «peer - to - peer crypto currency» known as Bitcoin has taken some serious hits in the past week or so.

It seems more likely Beijing would consider taking over foreign businesses, especially given its largest US$ 1.9 trillion foreign exchange reserve in the world, and the appreciation of its currency by 9 % y - o - y against the US dollar, or 40 % y - o - y against the Canadian dollar, or over 20 % against both currencies since July 21, 2005 when the Chinese central bank allowed its RMB to float.

«Although there is no single common currency used by cybercriminals across the EU, it is apparent that bitcoin may gradually be taking on that role.

The scam is carried out by a criminal who pretends to be a virtual currency service's support representative in order to gain access to a crypto holder's wallet, then transferring all of the crypto out while the fake «maintenance» is taking place, only to «cease all communication» and disappear with the funds.

Markets were also taken aback by an August decision to allow the yuan to float more freely against other currencies, effectively amounting to a devaluation.

The dollar's status as the world's reigning reserve currency is taken as a given by the vast majority of investors.

If one takes a few minutes to really think about the medium that we accept as money today, fiat currencies made out of cotton fiber backed by nothing except militaries, murder, death, and threats of murder and death, then one should easily conclude that fiat currencies literally have no intrinsic worth.

But a large number of dark horses are emerging out of the blue with every passing day and taking the world of virtual currencies by storm.

At the same time, there will be forces that don't want this adjustment to take place: Asia is far more interested in political stability by providing jobs for millions of workers joining the workforce than to lose sales to the U.S. by letting their currencies appreciate.

This week the ECB has taken markets somewhat by surprise with the scale of its quantitative easing (QE) program and this should help to consolidate recent bond yield and currency falls.

I believe in order for anyone to unseat Bitcoin from the number 1 position, they will need to be the first to transparently integrate their currency with current forms of payment options -LSB-...] By taking cryptocurrency mainstream, and allowing it to be used like any other form of payment, they can hit a user segment that has largely been untapped by current cryptocurrencieBy taking cryptocurrency mainstream, and allowing it to be used like any other form of payment, they can hit a user segment that has largely been untapped by current cryptocurrencieby current cryptocurrencies.

Conversely, inflationary pressures in the tradable sector will be generated by any depreciation of the exchange rate, although it can take some time for currency movements to be reflected fully in the prices of imported consumer goods and services (Chung, Kohler and Lewis 2011).

In a report from Forbes, sources close to the the Financial Services Agency (FSA), which approves licenses to digital currency exchanges, claim that the agency is taking the necessary steps to stamp out the use of certain cryptocurrencies that are favoured by criminals and hackers.

Initial coin offerings took the world of digital currencies and crowdfunding by storm in 2017, having managed to raise funds worth more than $ 5 billion during this timeframe.

[11] It may also be useful to adopt the techniques used successfully by Singapore (and now others) to limit the ability of domestic banks to lend to foreigners in domestic currency, thus making it much harder for foreign speculators to take large short positions on the currency.

He also rejected to bet against the virtual currency market by saying that «Why in the world should I take a long or short position of something I don't know anything about?»

For example, if Bitcoin is not a currency, then Bitcoin forwards and Bitcoin swaps that involve the exchange of Bitcoin for another currency will not fall under the statutory definitions of the more lightly regulated foreign exchange forwards or foreign exchange swaps.10 Likewise, retail trading of Bitcoin derivatives will be limited to designated contract markets, rather than subject to the retail foreign exchange dealer regulations.11 Treating Bitcoin as a commodity that is not a currency dovetails with the stances taken by other U.S. regulators such as the Financial Crimes Enforcement Network (FinCEN)(virtual currency does not have all of the attributes of real currency) 12, the Securities and Exchange Commission (Bitcoin investments are investment contracts because Bitcoin is a form of money) 13 and the Internal Revenue Service (treating Bitcoin as property for tax purposes).14

The Australian government explains that it has taken the same approach that countries such as the United States, United Kingdom, and Canada have taken regarding digital currency businesses because it will facilitate innovation and follow guidance issued by the Financial Action Task Force — the international regulator for preventing money laundering, terrorism financing, and other dangers that hinder the world's financial system.

The Commodity Futures Trading Commission (CFTC) recently took a series of actions confirming views expressed late last year by CFTC Chairman Timothy Massad that» [d] erivatives contracts based on a virtual currency represent one area within [the CFTC's] responsibilities.

Investors around the world were taken by surprise on Tuesday after the People's Bank of China (PBoC) devalued the yuan by almost 2 percent against the U.S. dollar, causing the currency to suffer its biggest fall in over two decades.

Peer - to - peer decentralized digital currencies that are based on cyptography are taking the world by storm.

In a matter of minutes, the CHF currency surged by 19 % against the Euro taking out many currency traders and even several brokers who had not adequately hedged their risk.

While no specific policies against crypto, digital, or virtual currencies were offered in the statement, the position taken by Fan and the PBoC is indicative of the currently strict policy of the Chinese government on decentralized forms of payment.

But in the absence of any suggestion that the currency's appreciation would delay a tapering of bond purchases, the single currency's rally — which by the end of August had taken it above US$ 1.20 for the first time since the start of 2015 — resumed, following a brief pause in the run - up to the ECB meeting.

Currency impact can be managed by hedging local currencies back into U.S. dollar, allowing investors to potentially earn local market yields and take advantage of potential local bond price appreciation, with less currency fluctCurrency impact can be managed by hedging local currencies back into U.S. dollar, allowing investors to potentially earn local market yields and take advantage of potential local bond price appreciation, with less currency fluctcurrency fluctuations.

Yes, CheapAir.com have taken Bitcoin payments since 2013, but by opening up and taking new currencies, they may very well find that the popularity of their service grows significantly.

It may take a lengthier rally by the greenback to reinvigorate investors» interest in currency - hedged...

The decision to impose a moratorium could be taken unilaterally by countries whose currency is under attack.»

In Red Famine, Applebaum makes unmistakably clear that the Holodomor, the terror famine in Ukraine that took some four million lives in 1932 - 33, was artificially created and ruthlessly enforced by Lenin's heir, Stalin, to break Ukraine's national spirit while providing the faltering Soviet economy with hard currency from agricultural exports.

Already Buhari has started giving excuses for the abysmal performance.He attributed the quagmire to drop in the price of oil globally and cleverly laid the blame on the doorsteps of all Nigerian accusing them of relying solely on oil.All renowned rating agencies including fitch continue to downgrade Nigeria ever since Buhari took over and it is projected that Nigeria will not be able to repay its debt obligations.Fitch for instance downgraded Nigeria's longterm foreign currency issuer default rating to B + from BB - and longterm local currency IDR to BB - from BB.The general position expressed by almost all the Briton wood institutions is that Nigeria's fiscal and external vulnerability has worsened under Buhari and it is projected that the government's general fiscal deficit could grow up to 4.2 % by the end of 2016 after averaging 1.5 % under the previous regime.A recent capital importation report by Nigeria Bureau of Statistics confirms that, last year, the country recorded total inflow of capital into the economy stood at $ 9.6 billion which was a 53 % drop from previous year and the lowest recorded total since 2011.

I should take a quote from «Equities Market Outlook in 2017» issued by Afrinvest reported in the media under the headline «Multiple Exchange Rates Stall Foreign Inflow into Nigerian Equities» in January 2017, «Our interactions with several foreign investors with interests in Nigeria suggest that a decision to stake any position in the Nigerian market will be a function of currency liquidity and a greater certainty on their ability to repatriate capital anytime they divest.

While you should take advantage of strong international currencies by investing in markets like Australia now, you should also consider how to minimise the impact that volatility in the foreign currency exchange market could have on your business in the future.