Teachers, please see this video and my transcript of it♡
Hi, teachers.
I picked a business news video for listening practice which is quite difficult for me.
Could you please answer my questions on it???????
[00:12-00:39](transcribed)
VINCENT CIGNARELLA
(BLOOMBERG NEWS)
(1??)Positioning, um, for the dollar's been (2??)well short (3??)ins particularly against the euro have... hedge funds probably at record-long euro positions heading into the, the Fed meeting, and I think probably what's seen today is maybe a little bit of a profit-taking. Uh, (4??)twimming some of those positions but, uh, indeed (5??)market is still short, uh, that's uh definitely uh against the dollar, but that's uh that's Fed will be... continue its (6??)dubish calls tomorrow.
(1??)The word "positioning" or "position" is used a lot in this clip, but I don't understand what that means. Would you explain, teacher?
(2??)What does "well" mean here? (I searched "short" on the Internet and got the meaning in finance!)
(3, 4, 6??)Please please correct these.
(5??)Why doesn't the reporter use any article here, teacher?
Top answer
)Positioning, Ask an economist. Something to do with expectations of change. You have a position—you start the day's trading with a plan that will take advantage of predicted changes.
- )Positioning, Ask an economist.
- Something to do with expectations of change.
- You have a position—you start the day's trading with a plan that will take advantage of predicted changes.
- com/dictionary/well "adv.
- )ins The audio is so bad I can't tell what he says.
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ANNE202(1??)Positioning,
Ask an economist. Something to do with expectations of change. You have a position—you start the day's trading with a plan that will take advantage of predicted changes.
ANNE202(2??)well
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