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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: Tax News
The latest news on Taxes from Yahoo! Finance

Are tax-free education accounts right for you?
22 May 2012 at 12:41pm
[at MarketWatch] - Eva Rosenberg writes in our TaxWatch column about the pros and cons of tax-free education accounts for college savings.
CNBC Poll: Do You Think Retirees Should Pay Income Tax?
22 May 2012 at 8:15am
[at CNBC] - Your social security benefits are tax free but other income is not. Should retirees have to pay taxes on that income?
Subway Beneficiaries And Taxpayers Differ
21 May 2012 at 7:45pm
[at The Wall Street Journal] - Subway Beneficiaries And Taxpayers Differ
J.P. Morgan's Loss Cost Taxpayers Nothing, This Time
21 May 2012 at 7:45pm
[at The Wall Street Journal] - J.P. Morgan's Loss Cost Taxpayers Nothing, This Time
[video] $1 Million Trip on Taxpayer Dime?
21 May 2012 at 6:45pm
[at CNBC] - Despite the fallout from the GSA's lavish conference spending, there's news that the ninth circuit is now scheduled to take what could be a million dollar trip on the taxpayer's dime. Sen. Chuck Grassley, ...
NFIB Talks Taxes During Small Business Week
21 May 2012 at 2:45pm
[at Fox Business] - Monday kicked off National Small Business Week, and the National Federation of Independent Business (NFIB) is marking the event this week by highlighting major issues faced by small business owners across ...
Yahoo to Sell Alibaba Stake, Take Hit on Taxes
21 May 2012 at 12:50pm
[at The Wall Street Journal] - Yahoo to Sell Alibaba Stake, Take Hit on Taxes
Tax Cuts Are Fine, but Where Are All of the New Jobs?
18 May 2012 at 7:30pm
[at The Wall Street Journal] - Tax Cuts Are Fine, but Where Are All of the New Jobs?
Preparing for the End Of the Bush Tax Cuts
18 May 2012 at 7:30pm
[at The Wall Street Journal] - Preparing for the End Of the Bush Tax Cuts
[video] Should You Renounce Your U.S. Citizenship?
18 May 2012 at 3:20pm
[at MarketWatch] - Should you renounce your U.S. citizenship for the tax perks? Facebook founder Eduardo Saverin's decision to do so has sparked interest in the strategy. Laura Saunders on The News Hub points out the downsides ...
Reynolds Is Correct, High Taxes Do Matter
18 May 2012 at 2:45pm
[at The Wall Street Journal] - Reynolds Is Correct,High Taxes Do Matter
Documents: Krzyzewski made more than $7M in 2010
18 May 2012 at 8:30am
[AP] - Duke paid coach Mike Krzyzewski roughly $7.2 million during the year of his most recent national championship.The school's most recent IRS documents obtained Thursday cover the 2010 calendar year. They ...
Tips for Deducting Entertainment Expenses
18 May 2012 at 8:10am
[at Fox Business] - There are so many rules governing tax deductions, but the area riddled the most with rules is entertainment. And the IRS loves to audit this line item on a business tax returnheres how to avoid raising ...
Tax Man Makes it Hard to be American
18 May 2012 at 7:45am
[at Fox Business] - As Washington steps up its tax-collection efforts on the uber-rich, the number of not-so-rich choosing to renounce their U.S. citizenship is likely to keep rising.
Science and Tech Startups Look to Uncle Sam for Help
18 May 2012 at 7:45am
[at Fox Business] - Innovative startups believe a little help from the government would go a long way in their development, a new study shows.In an annual survey of startup CEOs in the software, hardware, life science and ...
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Minecraft MindCrack - Ultra Hardcore S05E02 - Enderman

28 Apr 2012 at 4:00pm

Crashing into the Moon

11 May 2012 at 11:55am

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Currency Exchange Hillingdon News

Dollar and precious metals at a glance

22 May 2012 at 1:46pm Key currency exchange rates Tuesday, compared with late Monday in New York:

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Black market emerges in Argentina as government imposes currency controls

19 May 2012 at 9:53am BUENOS AIRES, Argentina - The man in the brown suit doesn't need to speak above a whisper to sell his goods along a busy street in the Argentine capital: "Money change. Money change." Those who want to swap pesos for dollars follow him through a run-down mall to a lingerie store. There, amid bras an

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Foreign currency exchange: don't get ripped off on your holiday money

15 May 2012 at 9:24am With the pound trading at a high against the euro, many of us are starting to buy our holiday money. But be sure to follow these steps to avoid getting ripped off.

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Currency Updates

CurrencyUK

CONSUMER PRICE INDEX
by alex
22 May 2012 at 1:58am
The Consumer Price Index �is a measure of price movements by the comparison between the retail prices of a representative shopping basket of goods and services. The purchase power of GBP is dragged down by inflation. The CPI is a key indicator to measure inflation and changes in purchasing trends. Generally, a high reading is [...]
Inflation Data key for GBP
by alex
22 May 2012 at 12:48am
After the weekend G8 summit, sentiment on the markets was a little more upbeat�yesterday. Markets took some comfort from news out of China that indicated it would fast�track approvals for investment in infrastructure projects to combat a slowdown in the�economy. This supports recent calls from the Chinese premier for policies to maintain�growth after a series [...]
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 [...]

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