Bitcoin startups are beginning to raise sizable investment capital even as industry leaders warn that hackers are abusing the Internet virtual currency for profit.
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With currency impacts the company said profit increased 18%.
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Alex K, as he is referred to at Dreyfus, might not be too gung-ho on Brazilian bonds, but think there is room to profit on the Brazilian currency, the real, instead, as the currency hovers near some of its lows for the year.
Rather than trying to increase market share by lowering their foreign-currency prices, exporters have rebuilt their profit margins.
People trying to profit via the bitcoin electronic currency will soon have to work harder to mint the digital coins.
"If the basis of a profit surge is just the weak currency, then than that is always going to be risky, " he said.
As a currency weakens, a country's exporters enjoy a profit boost when earnings are repatriated back to the home country.
As long as there was uncertainty about the long-term value of the Swiss franc, speculators who thought the currency undervalued had an incentive to buy francs in order to profit from the appreciation, pushing the price up in the process.
The U.S. dollar index is under more profit-taking pressure Thursday morning, as the Euro currency is seeing a short-covering rally.
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Firms charge either a spread the difference between what the brokerage versus the investor pays for a currency or a 2 percent fee plus a cut of the profit.
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My colleague Wayne Thorp and I both feel like each earnings report we look at has a profit number that has been adjusted to offset the impact of currency translation.
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The business typically issues local currency and U.S. dollar denominated cards with both parties sharing risk and profit and loss responsibilities.
For those who want to profit from a weaker yen, now is a good time to invest in currency options.
Together with other currency rate adjustments, the company is looking at a JPY 50 billion drop in operating profit from this change, and is factoring this into profit forecasts.
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Managing a currency is a very profitable activity for governments, and they depend on seignorage -- the profit stemming from printing money -- in various degrees to cover budget deficits.
Although the firm trades in more than a hundred markets, it is widely believed that the great bulk of its profit comes from two areas in which Dalio is an expert: the bond and currency markets of major industrial countries.
Figuring that Australia's proximity would result in collateral damage to its currency, the 32-year-old mother of three quickly dumped Aussie dollars and locked in a profit.
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