Sentences with phrase «weaker currencies over»

The Venezuelan bolivar, the Zimbabwe dollar, he believes, are already «falling away into bitcoin,» something he's convinced will happen to the world's weaker currencies over time.

Not exact matches

However, the negative implications of a weaker currency are unlikely to remain over the medium to longer term, according to economists.

NEW YORK, Jan 2 - The S&P 500 and the Nasdaq Composite notched record closing highs on Tuesday, the first trading day of 2018, while European equities finished lower and the U.S. dollar fell to its weakest level in over three months against key currencies.

Capital outflows lead to a weaker currency, which concerns the hordes of Chinese companies that borrowed debt in foreign currencies over the past few years and now have to pay it back with a weaker yuan.

NEW YORK, Jan 2 - European stocks closed lower on Tuesday, the first trading day of 2018, while Wall Street advanced and the U.S. dollar fell to its weakest in over three months against key currencies.

The currency has been under pressure following comments from the U.S. administration last week that a weak dollar could be beneficial for exports, casting doubts over a commitment towards a strong dollar.

The stimulus from a weaker currency is over; if companies didn't respond to a 20 % drop over two years, they likely aren't going to respond to a decline of a few more percentage points.

The European Central Bank (ECB) President Mario Draghi's concerns over the impact of a strong euro on a weak euro zone economy raise the prospect of monetary easing to dent the currency's appeal, an analyst told CNBC.

Emerging market currencies have been hit by a sell - off in the first week of trading this year after weak economic data in China rekindled worries over global growth and halted trading on Chinese equity markets on two days.

While a rising dollar hurts the near - term performance of non-U.S. investments (when translated back into dollar terms), over longer timeframes weaker foreign currencies can improve the competitiveness of businesses outside of the U.S..

Weak commodity prices have depressed the currencies of commodity - producers Canada and Australia over the past year.

Pick a fund that invests in Europe and / or Asia (which invests in basket of currencies), and factor in the weak dollar situation (which is unlikely to change over the next 5 years).

With over 80 % of the bitcoin trading volume expressed in the Chinese currency, CryptoNinjas feels that a weak yuan regime provides a tailwind for the currency.

If bitcoin prices enjoy an uptrend, but the currency's upward movements take place amid weak volume, this could mean that the trend is running out of gas and could soon be over.

«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.