It was inevitable, as Europe cannot grow with too high a currency value.
So do institutional investors such as banks, multinational corporations and central banks that need to hedge against foreign currency value fluctuations.
The market is certainly hearing from the euro exports corner, but what can ECB chief Mario Draghi do or say, if anything, to walk the currency value lower?
As a minor variant of this, especially if there has been a dramatic recent move in currency value, you could pick something closer to the 1-year trailing moving average.
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An inverse relationship between the issuance of paper by the state and the hard-currency value of that paper has been recognized for centuries, and it can be observed in U.S. history.
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Governor Wheeler and his fellow cohorts are expected to step up their resistance against further NZD strength, especially now that they have revealed their pain threshold level in the spot market for the NZD currency value.
In the case of a gold standard system, the policy target is to create a currency whose value is fixed to gold.
Ultimately we trade products for products, and to express oneself in a currency whose value is defined by the dollar is the best way to facilitate those exchanges.
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"When you have a commodity or currency whose value has grown as rapidly as Bitcoin it makes sense to hold on to it as a speculative instrument, " he said.
He points out that sharp declines in stocks over the last two weeks have coincided with a weakening greenback, suggesting that international investors are losing their appetite for U.S. equities as the American currency loses value.
"When you are creating a currency whose purpose is to be unregulated and then that currency gains value and its exchange rate with the dollar or the pound sterling increases, then clearly this is going attract all sorts of people who want to launder their illicitly earned money, " he says.
Its use may halt a bank run, but at the cost of eventually trashing the value of the currency and indirectly the value of depositor accounts too.
Pushing down a currency's value may be easier, since a government can sell as much of its currency as it wants to print.
Hyperinflation involves price increases running out of control as a currency collapses in value.
The broader policy goal is to create a currency of stable value, free of human manipulation.
Experiential currency is the value produced when a brand establishes an experience as a medium of exchange.
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However, sometimes other factors come into play that prevent a debased currency from losing value against other currencies.
Some experts then proclaim that intervening in the foreign markets to keep up a currency's value is futile.
Bank of China's move comes at a time of U.S. pressure on China to let its currency rise in value.
In addition, the rapid expansion of the money supply causes the currency to lose value against hard assets and foreign currencies.
The uncertainty of a currency's value makes capital more expensive to employ.
They will default, their currency will lose value, and high inflation will result, causing higher unemployment and a further erosion of their economy.
Currency crises might also occur because pegging the exchange rate requires governments to use monetary policy in order to maintain the currency's value.
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U.S. business leaders and members of Congress want to see the Chinese currency appreciate in value as a way to reduce the U.S.-Chinese trade surplus.
If a currency declines in value by 50%, and your wages do not rise by a corresponding 100%, then you are obviously getting paid less.
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Because these convoluted, complicated approaches are the result of faulty economic theory, which posits that a currency's value is directly tied to a government's fiscal policies.
Currency does not in itself create more currency, it is only through the use of currency to add value to products or services is actual worth increased.
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