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Euro Weakness Looking To Hold
by admin
21 May 2012 at 12:33pm
On the Forex markets this morning the Euro around was struggling to regain a foothold beyond the $1.27 area against the Dollar. Staying virtually unchanged from its level on Friday, the dollar at 1.2692 euro (+ 0,08%). A low of 1.2642 dollars was hit this morning, against a peak at 1.2708. No significant movements to report against the ye Read more ...
Euro Down Slightly After Weekend On Spain Worry
by admin
1 May 2012 at 4:41am
Yesterday the euro was down slightly compared to the U.S. dollar, 1.321 to 1.325 dollars compared to last Friday, particularly affected by the disturbing news growing on Spain. The Spanish economy has again contracted by 0.3% in real terms in the first quarter 2012 compared to the last of 2011, according to the National Statistics Institu Read more ...
Euro Stability Still A Concern On Forex Markets
by admin
24 Apr 2012 at 8:13am
Parity between the euro / dollar is now almost perfectly balanced on the currency market: at around 13:00 hours, the euro was trading at 1.3156 (- 0.01%). Slightly increased towards the yen to 106.9. Nothing to report in the forex market on the state of the euro / Swiss franc, which is stable at 1.2021. ‘We expect fu Read more ...
Euro Mixed Against All Other Majors
by admin
18 Apr 2012 at 7:53am
The single currency was losing again today, dropping below $1.31 (EUR/USD) on Wednesday afternoon, amid persistent doubts about the sovereign status of Europe. At this time, the euro yield is 0.42% against the greenback at 1.3073 dollars per euro. The IMF reviewed yesterday, downgrading its growth forecast for Spain in 2012, which shows a Read more ...
Fed Keeps Rates Low ? Euro Seems Without Trend
by admin
14 Mar 2012 at 6:40am
The single European currency remained without a major trend against the U.S. dollar in the wake of a highly anticipated meeting of the Monetary Policy Committee of the Fed, whose tone lately has been quite positive for the Dollar. The Euro dropped yesterday afternoon from 0.04% to 0 Read more ...
Bernanke comments causes sell off
by Tom
1 Mar 2012 at 4:55am
Market sentiment received a bit of a boost yesterday when the results of the ECB?s long-awaited second long-term liquidity operation (LTRO) showed strong demand for the cash from European banks. The ECB lent 800 banks ?529.5 billion, somewhat above the ?450 billion that the market had been anticipating and the ?489 billion lent to 523 fi Read more ...
Euro firm however downside risks remain
by Tom
28 Feb 2012 at 8:36am
Today the euro remains firm versus the dollar and sterling, trading in relatively tight ranges despite the announcement from ratings agency Standard & Poor?s that it is cutting Greece?s long term credit trading to selective default. Such a move was already expected and indeed factored in, though yesterday?s comments from EU Commission Read more ...
Euro upside following Greek deal
by Tom
22 Feb 2012 at 9:34am
Having retreated from near two-week highs as optimism over the long-awaited Greek bailout deal faded to be replaced by underlying concerns over growth and implementation risks, the euro has traded in a relatively tight range versus the dollar over the past 24 hours. Parliaments in three countries (Germany, the Netherlands and Finland) must now a Read more ...
Euro upside following Greek Deal
by Tom
21 Feb 2012 at 9:20am
The euro gained some ground in early morning trade briefly breaking through key resistance after eurozone finance ministers finally sealed the details of a second ?130 billion bailout package for Greece. There was also agreement on the details of Greek?s deal with private sector investors, who are now expected to take a haircut in excess of Read more ...
Euro sold as Greek Deal lingers
by Tom
16 Feb 2012 at 4:35am
The euro started yesterday with a firmer tone on the news that China would continue investing in euro debt and pledges from the Greek opposition Conservative Party to commit to tough austerity measures. This was before the latest twist in the on-going Greek debt saga saw renewed pressure on the single currency, which has fallen back to trade at Read more ...

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Yahoo! Finance: Retirement News
The latest news on Retirement from Yahoo! Finance

Benefits of Long-Term Care Policies
21 May 2012 at 7:30pm
[at The Wall Street Journal] - Benefits of Long-Term Care Policies
Twins conceived after dad died won't get benefits
21 May 2012 at 11:12am
[AP] - The Supreme Court on Monday ruled that a man's children who were conceived through artificial insemination after his death cannot get Social Security survivor benefits.Justices unanimously ruled that twins ...
Poverty Increasing Among Retirees
21 May 2012 at 10:44am
[US News & World Report] - Growing numbers of older Americans are spending their retirement years in poverty, according to a recent Employee Benefit Research Institute study. The proportion of older people living below the poverty ...
[video] Trending: Ask Suze/Webcam
21 May 2012 at 8:35am
[at CNBC] - Lauren's husband wants to reduce his 401(k) contribution to pay down his student debt. Lauren disagrees. What is the best move?
Getting to Retirement With Minimal Financial Risk
21 May 2012 at 6:50am
[New York Times] - In light of JPMorgan Chase?s multibillion-dollar loss, a look at how individuals can manage risk in their own investments with trade-offs and moderation.
Forget The Facebook Generation -- There's A Bigger Investing Opportunity With...
21 May 2012 at 3:45am
[at Forbes] - Full face CPAP mask (Photo credit: Wikipedia) Many of us boomers aren't sleeping that well. That is an opportunity for ResMed. Entrepreneur Victor Kiam became famous for his advertising slogan, "I liked the shaver so much, I bought the company." The company was Remington Products, in which he invested after his wife [...]
Annuities Are Not Bought, They're Sold
19 May 2012 at 5:18am
[at Forbes] - In the realm of personal finance, no word has been dragged through the mud more times than the A-word?Annuities. Yet annuities survive and even thrive. How they do is not a mystery. There is not an outcry on the part of consumers demanding annuity products. The reason for the continued [...]
The Number of Those Working Past 65 Is at a Record High
18 May 2012 at 5:45pm
[at New York Times] - While the number of workers over the traditional retirement age has risen, those 55 and under are doing worse.
Retirement Planning When Youre the Boss
18 May 2012 at 3:15pm
[at Fox Business] - You are never too young or too old to create a succession plan for the business you have worked so hard to cultivate. Oftentimes business owners either have a plan that is too outdated to use, or havent ...
Volunteer Options in Retirement
18 May 2012 at 3:15pm
[US News & World Report] - Many retirees are interested in donating their time to help out a worthwhile cause. With time available to focus on things they are interested in, volunteering is a natural fit for many retirees. Ideally, ...
U.S. Suggests All Baby Boomers Should Get Tested for Hepatitis C
18 May 2012 at 2:24pm
[at The Wall Street Journal] - U.S. Suggests All Baby Boomers Should Get Tested for Hepatitis C
Leaving a Job? What to Do With Your 401(k)
18 May 2012 at 9:20am
[at Fox Business] - Funds in a 401(k) account is often essential to workers retirement planning, and making the wrong decision when leaving a job can be costly.
Take Time for 3-Step Benefits Checkup
18 May 2012 at 9:02am
[US News & World Report] - Social Security and Medicare have improved their online tools to make it easier for people to understand and check their benefits. Here are three steps you should take, at least annually--if not more often--to ...
How Much Should You Save for a Comfortable Retirement?
18 May 2012 at 8:00am
[US News & World Report] - Your mindset is very important with respect to saving for practically anything, but it's especially important for retirement, because saving for a successful retirement is a "liability." "Hold ...
Retiring Boomers Need Minimum $240K Saved for Medical Expenses
18 May 2012 at 6:25am
[at Fox Business] - Boomers will need more money than ever to cover medical expenses in their retirement, and experts say most havent saved enough.
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60000 Dominos (Personal Record)

11 May 2012 at 3:34pm

Minecraft - Hack/Mine Mod Update! - Mothers Day Dungeon

20 May 2012 at 6:22am

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Currency Exchange Felixstowe News

Rupee dives to 55 as RBI imposes further restrictions on Forex Dealers - FXSt...

22 May 2012 at 12:06am a move to try to stabilise the currency. Indian exporters are suffering due to the declining rupee however the downhill move of over 20 per cent since summer 2011 has meant the rupee is competitive on real effective exchange rate basis.

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Rule to limit foreign currency loans - Viet Name News

21 May 2012 at 8:38pm The restriction would be aimed at enabling the State to maintain stricter controls over foreign exchange, State Bank Governor Nguyen Van Binh said in a statement sent to the Prime Minister. It would help gradually limit the use of foreign currency ...

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Deutsche Bank AG : Parallel Currency Could Emerge In Greece - Deutsche Bank -...

21 May 2012 at 3:09pm This would allow Greece to devalue its exchange rate without formally exiting the currency union. At 0829 GMT, the euro was trading at $1.2779 against the dollar.

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Currency Updates

CurrencyUK

Public Sector Net Borrowing
by admin
21 May 2012 at 8:45am
The Net Borrowing released by the National Statistics captures an amount of new debt held by the U.K. governments (the financial deficit in the UK national accounts). Generally speaking, if the Net Borrowing is negative, it means the UK Accounts are surplus, and that should be positive for the GBP. While a deficit is [...]
Euro claws back some losses
by alex
21 May 2012 at 12:43am
At the G8 summit this weekend, Greece’s political and economic upheaval, together with�the growing instability in Spain and Italy, were high on the agenda as leaders sought to�calm the situation. World leaders backed keeping Greece in the euro-zone and vowed to�take all steps necessary to combat financial turmoil while revitalising a global economy�increasingly threatened by [...]
Moody?s downgrades Spanish banks
by alex
18 May 2012 at 1:41am
The potential ?Grexit? is killing the markets as they run for safety in the last day of the week. Uncertainty is all over, and regardless of the new elections being held in June 17, investors still don?t want to risk it. Not only Greece is in trouble. 16 Spanish banks have been downgraded by Moody?s last [...]
Lower inflation expectations not good for GBP
by alex
17 May 2012 at 12:53am
The UK inflation report released yesterday showed that the MPC now expect two-year�inflation to be lower despite raising the near term projection. Their central inflation�projection for two years ahead is 1.6%, about 0.2% lower than in February. The growth�forecasts were also lowered in the near term reflecting a poor Q1 2012 and on-going�concerns regarding the [...]
Focus on Eurozone Politics continues
by alex
16 May 2012 at 1:25am
Greece continues to capture the headlines with agreement expected today on formation of�an interim Government and likely announcement of new elections as soon as 10 June.�Meanwhile the first meeting between Merkel and Hollande resulted in a joint statement�pledging commitment from both to keep Greece in the euro with introduction of ?growth�measures? subject to adherence to [...]
Currencies do not like political uncertainty
by alex
15 May 2012 at 1:27am
Political risk events continue to dominate in Europe. The political deadlock continues in Greece although a Greek exit was not discussed at the Euro group meeting held yesterday, nonetheless, suggestions that Greece will leave the euro gained momentum leading to the EU Commission issuing a statement hoping that Greece would remain part of the euro [...]
What if Greece Exits?
by admin
14 May 2012 at 12:16am
From The Economist Online May 11th 2012, 0:22 by A.P. See original article As the Economist argues in our briefing�this week, a Greek exit from the euro zone would not just be chaotic for Greece itself but would also invite questions about the status of Portugal, Ireland and others. So what would policymakers have to [...]
BoE decision today
by alex
10 May 2012 at 1:08am
An event laden day lies ahead, kick started with the overnight releases of NZ Business PMI, Japanese Current Account, Trade Balance, China Trade Balance and Australian Employment data.�Markets continue to be steered by the European political and sovereign debt crises and in the wake of this bond yield?s continue to remain elevated, notably Spain where [...]
Political Pressure on EUR
by alex
9 May 2012 at 1:12am
EUR/USD broke below the 1.30 level yesterday as the Greek political crisis rolls on and in this context we expect the EUR to remain under pressure; with�French presidential election winner Hollande awaiting inauguration, his pledges to increase state spending and renegotiate the ECB?s independence is unlikely to instil confidence in the market and the longer [...]
Euro weakens further
by alex
8 May 2012 at 1:05am
There are 3 main reasons why we�begin�this short week with a weaker Euro; 1.Data suggests that the Eurozone could be heading for its third quarter of negative growth. 2.A change of government in France, one that is likely to be less Berlin friendly than its predecessor. 3.The Greek political parties who supported ongoing austerity�measures lost their majority rule, [...]

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