Traders
in sentence
278 examples of Traders in a sentence
It would also make known to currency
traders
its concern about excessive departures from its estimated parity values and its readiness to intervene at unpredictable moments to impede further departures from PPP.
The possibility of unpredictable interventions would reinforce the effect of the bank’s regular announcements of the parity values on traders’ perception of increased risk.
Conspiracy theories abound, particularly among the ranks of financial traders, for whom volatility is like wind to a sailor.
These
traders
confidently figure that as long as markets gyrate, no matter what the direction, they can always make money.
Traders
did not win every battle, of course.
Today, many
traders
see formerly inept state giants as financial geniuses, capable of taming complex financial formulas and exploiting their superior size and trading information to squeeze the life out of currency and interest rate markets.
As much as we may sympathize with young would-be millionaire traders, does their story of oppression make any sense?
So, if a conspiracy of Asian central banks is not to blame for the volatility drought that is parching traders’ earnings, what is?Surely, today’s low volatility is partly cyclical.
They have also contributed mightily to the high general level of asset prices, helping create the vast riches of which today’s hungry young
traders
are so jealous.
Whatever the scenario that ends the calm, today’s age of low volatility will seem like a distant dream to most of us – and a forgotten nightmare for ambitious financial
traders.
Paper shufflers are doing better than producers; speculators are doing better than managers;
traders
are doing better than entrepreneurs; arbitrageurs are doing better than accumulators; the clever are doing better than the solid; and behind all of it, the financial market is more powerful than the state.
For currency traders, therefore, the last two cycles of Fed tightening turned out to be classic examples of “buy on the rumor; sell on the news.”
Prices plummeted by more than half in a period of just a few months last year, catching many oil
traders
and analysts by surprise.
To the consternation of many currency traders, the value of the dollar fluctuates widely, as its rise, fall, and recovery in the course of the last year have shown.
One reason for this historic mispricing of risk is that traders’ models went back only a few years, or at most a few decades (the period of the late “Great Moderation”).
Traders
should have gone back much further – or better yet, formed judgments based on a more comprehensive assessment of what risks might confront the world economy.
Believing that they have found a way to model precisely how currency
traders
should think about the future, they see no need for intervention because, save for temporary deviations, markets always get currency values right.
In contrast, “behavioral economists” acknowledge that currencies can depart from parity for a protracted period, but argue that this results not from traders’ attempts to interpret movements in macroeconomic fundamentals, but from market psychology and irrational trading.
Faced with wide swings, central banks are helpless to counteract traders’ irrational zeal to bid a currency further away from historical benchmark levels.
When it comes to currency markets, parity levels based on international trade are merely one of many factors that
traders
may consider.
As the exchange rate moves away from this range, the central bank’s regular announcements would heighten the concern of currency
traders
that other
traders
will consider it increasingly risky to hold open positions.
Instead, the “ limit-the-swings” strategy proposed here implies that, as the exchange rate moves further away from parity, central banks should use their reserves to intervene at unpredictable moments in order to reinforce the effect of their regular announcements of the parity range on traders’ perception of increased risk of capital losses.
The patience even of free
traders
will wear thin in 2010.
They will be in what
traders
call “backwardation”: the future price in the market today is lower than the price of a home today.
Fads, Frenzies, and FinanceBarcelona – The financial crisis, credit crunch, and ensuing economic downturn have severely damaged the credibility of financial markets, institutions, and
traders.
I believe, however, that there is another explanation for these phenomena, which is based on rational calculation and information processing by institutions and
traders.
By joining the World Trade Organization, improving their investment climates, and stopping interference with shuttle
traders
– mostly poor women trying to make a living –governments would give the region’s businesses and farmers access to markets and attract much-needed new investment.
Cooperation clearly is not only for the region’s governments; businesses, traders, and civil society must be involved as well.
Over-the-counter trading also contributes to the opacity of derivatives markets, further reducing competition and increasing the margin enjoyed by the
traders
– and the prices that final users (mostly industrial firms) must pay.
For starters, in equity markets, high-frequency
traders
(HFTs), who use algorithmic computer programs to follow market trends, account for a larger share of transactions.
Back
Next
Related words
Their
Market
Would
Financial
Markets
Currency
Other
Banks
Which
Trading
Trade
Price
People
About
World
Prices
Large
Investors
Government
While