Your English writing platform
Discover LudwigExact(9)
The problematic currency position illustrates that making markets for clients is not necessarily a neutral activity.
The E.U. had pushed China to rethink its currency position at the summit meeting, saying the weak yuan, combined with the weak dollar, was hurting European exports.
For a long while, many other nations within the U.S. political orbit accepted, and didn't make a fuss about, the artificiality of the American currency position.
Berkshire reported a $300 million loss from its currency position in the first quarter.
An unauthorized currency position at Citic Pacific, the Hong Kong-listed unit of China's biggest state-run investment firm, will result in losses of up to $2 billion.
It is understood former Chancellor Alistair Darling, who is leading the Better Together campaign to keep the Union, was instrumental in getting the three Westminster parties to agree a joint currency position.
Similar(51)
Q. Do most mutual funds hedge currency positions?
A. We have hedged our currency positions since 1993, so I pay minimal attention to currency movements.
And when you have a weak currency, positions can be taken.
There is little evidence that risk-minimizing investors should adjust their currency positions in response to movements in interest differentials.
Only in the annual report dated October 2002 is there a reference to how "our euro currency positions performed well" because the fund was "overweight the euro".
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com