Paul Robinson, a currency strategist at Barclays Capital, reckons that the dollar is the worst performing major currency during periods of rising oil prices.
The Czech koruna is the worst-performing major currency against the dollar since QE3 was launched this month, according to a Bloomberg list of expanded major currencies.
The exception is the U.K., which has somehow escaped international censure despite the biggest depreciation of any major currency perhaps because it has apparently derived so little benefit from it.
However, the Aussie has fallen out of bed and landed more awkwardly than any other major currency on the back of rising risks to the global economy stemming from rising sovereign debt woes.
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Becoming a major reserve currency was likely to get in the way of that, too.
This is typically represented by a value link of some sort, either to gold, or perhaps another major international currency.
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For the time being, this has meant a link to a major international currency, such as the dollar or euro.
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The move is seen by some Chinese economists as another step towards the renminbi becoming a major international currency, People's Daily reports.
With the dollar having declined against nearly every major foreign currency, travel outside the U.S. has been as expensive as it has been fulfilling.
Of the seven currencies that make up the Federal Reserve's major-currency index, only one (the Australian dollar) is within 10% of its fair value.
Of course if his advice is followed, a dollar that rests near all-time lows versus every major foreign currency along with gold needs to be debased even more.
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We should be wary of assuming that the offshore trade in renminbi out of Hong Kong is the first step on the road to the yuan as a major global currency, with the City taking a big piece of the action.
For many, it's now only a matter of time before the Chinese currency displaces the dollar as the world's reserve currency - or at least becomes a major secondary reserve currency like, er, the euro or the yen.
We also bought Sony, a major beneficiary of currency depreciation.
The major casualties in this currency war are developing countries with trade deficits, such as Brazil, Mexico, and India.
Clearly, if we invest in the manufacturing industries and the development of our financial sectors, then maybe we could do away with tourism as a major source of foreign currency?
The yen's slump through 100 per dollar boosted Tokyo shares on Friday with the Nikkei rallying to a five-year, four-month high, though the Seoul market severely underperformed as the weaker Japanese currency hit major Korean exporters.
What is more, the requirement under present circumstances to meet these obligations lest creditors (sovereign and commercial) refuse to lend further funds is encouraging the continued and probably burgeoning effort to earn hard currency through major arms sales overseas.
The rise of such a currency should be a major boost to global economic growth and prosperity, empowering the world economy to trade in currency not subject to inflation, devaluations, and variation in real market value.
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If the currency of each major country is bound to gold, financial headaches would of course be reduced.
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.
The last major experiment in Treasury control of currency was the Continental Dollar of 1776-1785.
So much else rides on reform: A more open financial system and the chance to reduce currency rubs with other major trading nations.
And the rise of the euro to a four year high against the dollar in currency dealing is a major worry for many European exporters .
The European Central Bank's commitment last summer to do whatever it takes to keep the currency union intact was the major factor in rebuilding confidence.
In addition, the CEA has indicated that currency markets will play a major role in the report Monday, but don't expect it to push for a revaluation of China's currency, which many believed to be undervalued, thus contributing to the U.S. trade deficit.
Her successor, John Major, suggested that having a new European currency was just fine.
Indeed, some economists think that, with the world's two major currencies concentrating exclusively on domestic goals, currency instability might increase.
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