Concept information
Preferred term
currency speculators
Definition
- A currency speculator is an individual who trades in the foreign exchange market with the sole purpose of making a profit. For example, if the British pound is falling relative to the U.S. dollar, currency speculators will sell pounds, expecting to buy them back again sometime in the near future at a lower price. [Source: Encyclopedia of Business in Today's World; Currency Speculators]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/currency_speculators
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