Jun 13, 2020 07:41
4 yrs ago
27 viewers *
Chinese term
美元避險特性
Chinese to English
Bus/Financial
Finance (general)
This is about analysing the US dollar. Thank you...
Proposed translations
(English)
References
避險 |
Shirley Lao
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Proposed translations
+2
16 mins
Selected
the hedging characteristics of the US dollar
A currency's "避險特性", or "hedging characteristics", seem to refer to the currency's _suitability_ for use in hedging, i.e., to how well the currency can be used to minimize market risks.
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Note added at 1 day 17 hrs (2020-06-15 01:14:24 GMT) Post-grading
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Looking around online, it appears that "safe haven" is the form used by academics, and "hedging" is the form used by businessmen.
For example, performing the following Google search on the SEC's EDGAR database...
"safe haven characteristics" site:https://www.sec.gov/Archives/edgar/data/
...yields 15 results, while performing the following search...
"hedging characteristics" site:https://www.sec.gov/Archives/edgar/data/
...yields "about 120" results.
However, searching the whole Web with Google produces far more results for "safe haven characteristics" than for "hedging characteristics", though almost all of these results appear to be academic articles.
So, I think it depends on what sort of source the questioner is translating. If it is a company document or business article, then I would suggest my original translation, but if it is an academic article or book, then I would suggest "the safe-haven characteristics of the US dollar" or "the dollar's safe-haven characteristics" (removing the hyphen if the context permits it).
--------------------------------------------------
Note added at 1 day 17 hrs (2020-06-15 01:14:24 GMT) Post-grading
--------------------------------------------------
Looking around online, it appears that "safe haven" is the form used by academics, and "hedging" is the form used by businessmen.
For example, performing the following Google search on the SEC's EDGAR database...
"safe haven characteristics" site:https://www.sec.gov/Archives/edgar/data/
...yields 15 results, while performing the following search...
"hedging characteristics" site:https://www.sec.gov/Archives/edgar/data/
...yields "about 120" results.
However, searching the whole Web with Google produces far more results for "safe haven characteristics" than for "hedging characteristics", though almost all of these results appear to be academic articles.
So, I think it depends on what sort of source the questioner is translating. If it is a company document or business article, then I would suggest my original translation, but if it is an academic article or book, then I would suggest "the safe-haven characteristics of the US dollar" or "the dollar's safe-haven characteristics" (removing the hyphen if the context permits it).
Reference:
Peer comment(s):
agree |
Vladyslav Golovaty
28 mins
|
agree |
Mina Chen
5 hrs
|
neutral |
qianyong xie
: safe haven looks like a better choice of word
1 day 15 hrs
|
4 KudoZ points awarded for this answer.
Comment: "Thanks!"
+1
34 mins
The safe haven nature of the US dollar
The safe haven nature of the US dollar
Note from asker:
Thanks! |
38 mins
The safe harbor characteristics of the U.S. dollar
A safe harbor is where ships go when the sea is rough.
People buy U.S. dollars or assets denominated in U.S. dollars when the market or political situation in their countries is rough or unstable.
People buy U.S. dollars or assets denominated in U.S. dollars when the market or political situation in their countries is rough or unstable.
Note from asker:
Thanks! |
11 hrs
risk aversion
the risk-averse nature/feature of the US dollar
Reference comments
2 hrs
Reference:
避險
"Safe haven" (避風港) versus "Hedge" (避險)
依據Baur and McDermott(2010)所提出的實證模型,強(弱)避險定義為一個資產與另一個資產或投資組合大致呈現負相關(不相關),強(弱)避風港定義為一個資產在市場極度蕭條時會與市場呈現負相關(不相關)。
https://www.airitilibrary.com/Publication/alDetailedMesh?doc...
According to the definition of Baur and McDermott(2010),
a hedge is a security that is uncorrelated with stocks or bonds ON AVERAGE;
a safe haven is defined as a security that is uncorrelated with stocks and bonds in A MARKET CRASH.
Different economists define "safe haven" and "hedge" differently.
依據Baur and McDermott(2010)所提出的實證模型,強(弱)避險定義為一個資產與另一個資產或投資組合大致呈現負相關(不相關),強(弱)避風港定義為一個資產在市場極度蕭條時會與市場呈現負相關(不相關)。
https://www.airitilibrary.com/Publication/alDetailedMesh?doc...
According to the definition of Baur and McDermott(2010),
a hedge is a security that is uncorrelated with stocks or bonds ON AVERAGE;
a safe haven is defined as a security that is uncorrelated with stocks and bonds in A MARKET CRASH.
Different economists define "safe haven" and "hedge" differently.
Note from asker:
Thanks! |
Discussion
however, sceptical of the dollar's status as a safe-haven currency
Their status as a safe-haven is based on the credit status of the US government
does not suggest gold has lost its status as a safe-haven
Gold; back to safe haven status?