BNET Business Dictionary
Business Definition for: Soft Currency
- a currency that is weak, usually because there is an excess of supply and a belief that its value will fall in relation to others.
- See also Hard Currency
Additional Resources
- Dollar up on hopes for US economic soft landing
- NEW YORK AFP — The dollar rose on currency markets as market optimism increased that the US economy would glide to a soft landing after half a decade of sky-high growth. The euro was lower at 1.2535 dollars at 2100 GMT compared with 1.2600 late Monday in New York. The...
- Research articles 2006-10-10
- Congress talks tough as US soft-pedals on China currency
- WASHINGTON AFP — The US government's reluctance to get tough with China's currency regime has left seething members of Congress threatening to take matters into their own hands. In a twice-yearly report on global exchange-rate policies released Wednesday, the Treasury Department said China was making "far too little progress"...
- Research articles 2006-05-11
- Dollar pressured by soft factory orders
- NEW YORK AFP — The dollar came under renewed pressure Thursday after a weaker-than-expected factory orders report, reversing gains against the euro after the European Central Bank held interest rates steady. At 2100 GMT, the European single currency was changing hands at 1.4136 dollars, against 1.4089 in New York...
- Research articles 2007-10-04
- Soft Sales of Golf Line Will Hurt Adidas Net.
- NEW YORK -- A dramatic slide in sales for its recently acquired Taylor Made golf brand will drag Adidas-Salomon's first-quarter earnings down by 35 to 40 percent. Overall sales for the quarter should be around last year's level of $1.49 billion (DM...
- Research articles 1999-04-16
- Thailand property heads for rebound after soft landing this year
- BANGKOK AFP — Thailand's property market is expected to rebound in 2007 amid expectations of falling interest rates, after a year of uncertainties that plagued consumers' confidence, analysts said. Since the bloodless coup in September, which capped months of political turmoil, analysts said confidence among buyers has improved as the...
- Research articles 2006-12-31
- Wal-Mart Trims Outlook After Soft Sales Report
- BENTONVILLE, Ark. ? Wal-Mart Stores here yesterday reported weaker-than-expected same-store sales for December and reduced its outlook for the fourth quarter. For the five-week period that ended Jan. 2, total U.S. comparable-store sales were up 1.7%, excluding fuel, reflecting a 1.9% gain in the Wal-Mart U.S. division and a 0.1%...
- News items 2009-08-07
- Currency Gain Boost For French Connection
- LONDON (Reuters UK) - Fashion group French Connection said third quarter turnover increased 8 percent year-on-year, with most of the rise due to favourable exchange rates rather than any improvement in underlying trade.The firm, which has struggled in recent years as the appeal of its FCUK brand has waned, said...
- News items 2009-11-25
- Chemtura Corporation Q3 2008 Earnings Call Transcript
- Question-and-Answer SessionOperator Operator Instructions Your first question comes from David Begleiter. Your line is open sir. David Begleiter - Deutsche Bank Securities Good morning. Bob Wood Good morning. David Begleiter - Deutsche Bank Securities Bob and Steve, can you comment or quantify the manufacturing variance that will be caused...
- Earnings calls 2008-10-31
- FOREX - AUSTRALIAN DOLLAR ENDS SHARPLY LOWER - DEC 8, 2004.
- SYDNEY, Dec 8 Asia Pulse - The Australian dollar has ended trading one and a quarter US cents lower today after soft investor housing data and broadbased US dollar weakness produced a deluge of local currency selling. SYDNEY, Dec 8 Asia...
- Research articles 2004-12-08
- FOREX - AUSTRALIAN DOLLAR LOWER AT NOON - DEC 8, 2004.
- SYDNEY, Dec 8 Asia Pulse - The Australian dollar was trading weaker to noon after soft investor housing data produced some local currency selling. SYDNEY, Dec 8 Asia Pulse - The Australian dollar was trading weaker to noon after soft investor housing data produced...
- Research articles 2004-12-08
- Sony Corp. F3Q07 (Qtr. End 12/31/07) Earnings Call Transcript
- Question-and-Answer SessionThank you very much, sir. [Operator Instructions]. Our first question comes from the line of Evan Wilson of Pacific Crest. Please proceed. Evan Wilson - Pacific Crest Hi, there. A question on the PS3, so you sold about 6.9 million PS3s to date in this fiscal year. The...
- Earnings calls 2008-04-24
- Flow International Corporation F3Q08 (Qtr End 01/31/08) Earnings Call Transcript
- Question-and-Answer SessionOperator Operator Instructions Our first question comes from the line of Sid Parakh of McAdams Wright Regan. Please go ahead. Sid Parakh Good morning gentlemen. Congratulations on the great quarter. Can you elaborate a little more about the economic impact? One...
- Earnings calls 2008-03-06
- Sony Corp. F3Q07 9Qtr. End 12/31/07) Earnings Call Transcript
- Question-and-Answer SessionThank you very much, sir. [Operator Instructions]. Our first question comes from the line of Evan Wilson of Pacific Crest. Please proceed. Evan Wilson - Pacific Crest Hi, there. A question on the PS3, so you sold about 6.9 million PS3s to date in this fiscal year. The...
- Earnings calls 2008-01-31
- Wipro Q1 2007 Earnings Call Transcript
- Question-and-Answer SessionOperator Operator Instructions And our first question this morning comes from the line of Joseph Foresi with Janney Montgomery Scott. Please go ahead. Joseph Foresi - Janney Montgomery Scott Hello guys, a nice job here at sort of a difficult quarter. My first question is your competitors have...
- Earnings calls 2007-07-19
- Canadian National Railway Company Q3 2007 Earnings Call Transcript
- Question-and-Answer SessionOperator Thank you. At this time we will take questions from the telephone lines. [Operator Instructions]. We have a question from Ed Wolfe from Bear Stearns. Please go ahead. Unidentified Analyst Hi guys, its Scott Ehrens [ph] for Ed. Good afternoon. E. Hunter Harrison...
- Earnings calls 2007-10-23
- <b>Breakingviews.com</b>: An accelerating decline in the ruble
- As it devalues the ruble, the Bank of Russia is trying to prevent a soft landing from becoming a sudden fall. It has sought to have the currency slide gracefully in recent months by gradually broadening the ruble's reference trading band against the dollar and the euro. But the pace...
- News items 2009-08-07
- C.H. Robinson Worldwide Inc. Q3 2007 Earnings Call Transcript
- Question-and-Answer SessionOperator Thank you. [Operators Instructions]. Your first question comes from Tom Wadewitz with J.P Morgan. Please go ahead. Thomas Wadewitz - J.P Morgan Good afternoon. Let's see. I wanted to get your thoughts on what the truckload market feels like relative to the last...
- Earnings calls 2007-10-24
- Arrow Electronics, Inc. Q3 2007 Earnings Call Transcript
- Question-and-Answer SessionOperator Thank you, Ms. Weaver. [Operator Instructions] Our first question comes from Matt Sheerin, Thomas Weisel Partners Matt Sheerin - Thomas Weisel Yes, thank you. My first question is in regard to the Components business. You talked about there are several areas of weakness, Europe...
- Earnings calls 2007-10-24
- Handsets Power LG Elec Past Forecasts
- SEOUL (Reuters UK) - South Korea's LG Electronics posted third-quarter net profit that beat expectations thanks to a soft local currency that boosted its price competitiveness and a strong line-up of mobile phones. The world's No. 3 mobile phone maker is headed for a weaker fourth quarter on higher marketing...
- News items 2009-10-20
- Employee Retention And Performance Improvement In High-Techcompanies
- From the executive summary: In today's networked economy, the IT companies thrive on ‘soft assets' such as patents, processes, brands, customer loyalty, and employee satisfaction. Soft assets are the currency of the new economy and they are developed through the creative minds of group of highly talented people. Attracting and...
- White papers 2003-01-01
