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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

HP to lay off about 27,000, profit slides 31 percent
23 May 2012 at 5:50pm
[Reuters] - Hewlett Packard Co plans to lay off roughly 27,000 employees or about 8 percent of its workforce over the next couple of years to jumpstart growth and save up to $3.5 billion annually, sending its shares ...
Gold Standard for Your IRA: Little Bit Goes a Long Way
23 May 2012 at 3:10pm
[at CNBC] - This has been tough year for gold bugs, and especially for those who crammed precious metals into retirement accounts. Should you put gold in your IRA? Warren Buffet would say no.
Why Closing Medicare's 'Donut Hole' is a Terrible Idea
23 May 2012 at 1:38pm
[at Forbes] - Many conservatives believe that George W. Bush betrayed their cause. Exhibit A, these conservatives say, is the Medicare Modernization Act of 2003. That law established Medicare?s prescription-drug benefit plan without offsetting spending cuts or tax increases, adding $16 trillion to our unfunded liabilities. And yet, if media reports are to be believed, some of these very same conservatives want to shower the program with even more taxpayer money, for no other reason than because it ?polls well.?
5 Reasons People Retire Unexpectedly Early
23 May 2012 at 11:47am
[US News & World Report] - Early retirement is the dream of many people working nine to five. But the reality is that a significant portion of the population will involuntarily retire early before the official retirement age. Here ...
Budgeting for Healthcare in Retirement
23 May 2012 at 11:05am
[US News & World Report] - Many Americans assume that Medicare, the government-backed health-insurance program, will cover the majority of their heathcare costs after they stop working. But according to a new report from Fidelity, ...
Retirement Planning Tips For Women
23 May 2012 at 10:35am
[Investopedia] - Heres how women can manage saving for retirement.
Should baby boomers say 'bye' to retirement?
23 May 2012 at 8:15am
[Bankrate.com] - Between inflation and consistently pitiful yields, retirement planning has become a Herculean task. Investment is tough when working with low returns. But there's a bigger problem on the horizon -- a large ...
Survive the Medicare Enrollment Maze
23 May 2012 at 7:20am
[at Kiplinger] - Miss an enrollment deadline for Medicare, and you could end up with no medical coverage for months and a lifetime of penalties.
How to retire with $1 million
23 May 2012 at 5:45am
[US News & World Report] - One weekend a few years ago my brother-in-law was visiting. We sat on our back deck, sipping iced tea and talking about early retirement . He was 60 at the time, and looking forward to retiring from his ...
401(k) contributions: No employer match
22 May 2012 at 1:25pm
[Money] - My employer doesn't match my 401(k) contributions and the funds in my plan have high fees that range between 1.6% and 2% a year. Should I participate in my 401(k) or contribute to an IRA? -- Carlos P., ...
UPDATE 1-Slovak PM to tax banks more, change pensions
22 May 2012 at 12:00pm
Poverty increasing among retirees
22 May 2012 at 9:45am
[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 ...
Dos and don'ts of working after retirement
22 May 2012 at 9:45am
[CNBC] - Unfortunately, many people decide to retire without really thinking through the decision, and that can have dire circumstances.
7 Crucial Steps for Baby Boomers
22 May 2012 at 9:05am
[at Forbes] - Here are the seven areas where the baby-boom generation needs to be vigilant about their money?and it?s not all about picking the right stocks to trade, says advisor and author Jim Sloan. However, he also tells where he?s generating income these days for clients.
Here's Ackman's Ira Sohn Presentation on J.C. Penney
22 May 2012 at 8:42am
[at The Wall Street Journal] - Here's Ackman's Ira Sohn Presentation on J.C. Penney
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Euro Currency Rates News


?4.56bn in zero-rate German bonds sold

23 May 2012 at 5:42pm  GERMANY SOLD ?4.56 billion of bonds carrying a 0 per cent coupon yesterday, its first sale of debt offering investors no regular return and underscoring its safe-haven appeal at a time of turmoil in the euro currency zone.

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Euro sinks to 22-month low on fears about Europe

23 May 2012 at 1:38pm  The euro plunged to its lowest level in nearly two years Wednesday as investors fretted that European leaders won't be able to prevent Greece from making a messy exit from the region's shared currency.The ...

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Plan Ahead to Take Full Advantage of Strong Currency Rates Before Heading Off...

17 May 2012 at 4:10am  CHESTER, England, May 17, 2012 /PRNewswire/ --Four in ten Brits only buy their foreign currency in the week of travelTwo thirds fail to find the best exchange rate possibleEuro exchange rates stay strong, ...

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