Bear Squeeze
Barron's Banking Dictionary:
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Bear Squeeze
Official Intervention by central banks in the foreign exchange markets to force speculators short selling a currency to cover their positions, preventing the speculators from making quick profits. This generally is done by bidding to purchase more of a local currency than is available in the markets, usually causing large losses to currency speculators.
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Barron's Banking Dictionary
Dictionary of Banking Terms. Copyright © 2006 by Barron's Educational Series, Inc. All rights reserved.
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