Is the Euro the New Dollar?

By Leo Cendrowicz / Brussels Thursday, Jan. 01, 2009 A handful of euro notes Leon Neal / AFP / Getty Europe's single currency has come of ... E.U. countries locked their national currencies together into a fixed exchange rate. Three years ... from the exchange rate volatility, which has battered them in previous downturns," Barroso said on [more...]

Date: 2009-01-05 21:52:00

Blog posts (217) | Videos (147)
 

International Travel Guide

So you're ready to travel outside the U.S. and just pretend that the exchange rate (at least in Europe) is not poisonous. Here are some tips: 1) ... a discount for combined bookings). 2) Look up the exchange rate in advance. You'll want ... , but the rest of your funds should come from ATM withdrawls (the exchange rate and fees are in your favor [more...]

Date: 2009-01-11 17:42:16

Yuan devaluation is unlikely

If you’re having problems downloading attachments, please sign in again and select “Remember me on this computer” ... cheap currencies (as in nominal exchange rate vs. purchasing power parity exchange rate) to develop [more...]

Date: 2008-12-26 08:52:30

Wooden spoons all round for the nuclear industry

The papers have been filled with reviews of the year and we're barrelling into awards season, ... ). In the last days of 2008, the pound/euro exchange rate has hovered around 1.03. At the time ... exchange rate had remained at around £1/€1.50, the cost of the project would imply a cost to generate [more...]

Date: 2009-01-05 17:23:39

Korea Weekend Box Office - Oct. 24-26

A top-11 this week, in honor of Bong Joon-ho's latest film, one-third of the triptych TOKYO!, which opened in eleventh ... admissions since its release on Thursday. I think I am too depressed by the dollar-won exchange rate ... , it converts to about $2.36 million at the current exchange rate). Then you have a bunch of Hollywood films [more...]

Date: 2008-10-28 09:16:36

INSTANT VIEW-S.Korea Nov CPI up 4.5 pct yr/yr, below forecasts

South Korean consumer prices in November rose 4.5 percent from a year earlier, below market expectations, data showed on Monday ... COMMENTARY: JUN MIN-KYOO, ECONOMIST, KOREA INVESTMENT & SECURITIES “Foreign exchange rates are the biggest concern. Consumer prices will not go down anytime soon because of exchange rates. “ [more...]

Date: 2008-12-01 06:14:39

Forex theory and practice

In class last week we discussed exchange rate determination, prefaced by the recent relationship between pound sterling and the Euro ... has fallen is the looming recession and historically low interest rates. Although I think that exchange ... about the euro area’s prospects led foreign-exchange dealers to factor in an early cut in European interest [more...]

Date: 2009-01-11 17:30:42

Currency Swapping: Hotter Than Wife Swapping?

OK, so the post title is idiotic (but catchy!) I can explain the former, though the latter is beyond the scope of this blog's coverage ... for a foreign currency at the prevailing exchange rate to help tide over its current FX funding needs. At an agreed date, the process is reversed, with the future exchange rate determined by the interest [more...]

Date: 2008-10-30 10:56:00

Red Hat Soars on Upbeat Q4 Forecast; Forex Prominent

On a conference call with analysts last night following a better-than-expected Q3 report, Linux operating system vendor Red Hat (RHT) ... exchange rates, noting that the company lost about $7 million last quarter because of the rise ... baked in analysts’ models given what it called “significant” foreign exchange rate fluctuations [more...]

Date: 2008-12-23 15:35:13

Interest rate cut 'affecting French investment opportunities'

Those considering purchasing property in France are likely to find doing so much more costly due to the current weak pound, it has been claimed. Gary Field of foreign exchange firm RationalFX explained that the recent cut in UK interest rates to two per cent will have an impact on the exchange rate, making properties in France [more...]

Date: 2009-01-07 16:01:08

Accenture FY Q1 Tops Ests; But Cuts Guidance On Forex

Accenture (ACN) this afternoon posted revenue for its fiscal first quarter ended November 30 of $6.02 billion, ahead of the Street at $5 ... foreign-exchange rates would have a negative impact of 8%-10% versus the year ago quarter ... its forward guidance to reflect a revised outlook for exchange rates. For FY Q2, the company sees [more...]

Date: 2008-12-18 12:57:00

Web Hosting : Exchange rates USA vs Canada

Hostgator and Bluehost are our best webhosts and godaddy.com is the best domain registrar. This web hosting thread started by netologist 0n 05 January 2009 I a need dedicated server in Canada, east cost. I want to be billed in Canadian dollars because exchange rates between USA [more...]

Date: 2009-01-05 10:54:02

Bookmarks and Links SITE garden fence

These daily affirmations will all but cure that issue ... . This could also be used if you were to get in trouble. When the Forex exchange rates are quoted between banks, this is called Interbank Rates. The summer months can be hard on a home business. This type [more...]

Date: 2009-01-05 16:34:06

The Global Credit Crisis as History

Barry Eichengreen, an economic historian at the University of California at Berkeley whose scholarly work showed how the international affection for ... and elsewhere , have resisted stimulative policies that might produce a falling exchange rate ... drew other lessons: “the importance of avoiding competitive currency depreciation and of keeping [more...]

Date: 2008-12-29 12:00:00

Wine as an Economic Indicator

Wine as an Economic Indicator By Catherine Rampell Earlier this week I wrote about how consumers appear to be buying less expensive, but more, ... . Liv-ex, a fine wine exchange, seems to have the answer. Merchants and collectors trade bottles ... fluctuating currency exchange rates) since September. But in terms of volume, he said, almost twice [more...]

Date: 2009-01-02 17:45:22

Keytoss Mobile Adds 4 Travel Tools

Keytoss, our favorite mobile portal here on Symbian-Guru, has just been updated to include four new travel tools ... that uses GBP as a main currency. I always end up clueless about the exchange rates between each currency ... . The 4 tools are Flight Status, Currency Rates, Translations and Snow Conditions. Let’s go over [more...]

Date: 2008-12-17 10:12:03

10+ survival tips on business travel to Beijing

If you’re going to spend some time working in Beijing, your experience will be much better if you know what to expect and how to prepare ... should be done only as a last resort, because the currency exchange rate there is generally less than ... will not accept a U.S. check to open an account or for currency exchange, and China bank accounts [more...]

Date: 2008-11-21 22:39:58

Competitive Devaluation of the U.S. Dollar on the Way?

The U.S. dollar has moved to multi-week lows vs. the euro (top chart) and is challenging longer-term lows vs. the yen (middle chart) ... that there have been times when exchange rate policy has been an effective weapon against deflation ... accustomed policy rate has been forced down to zero has most definitely not run out of ammunition [more...]

Date: 2008-12-11 13:21:00

Korea National Museum

We've been on vacation this week, which has been blissful, restful, wonderful, choose your own word that means the same thing and add it here: _____________.  We had originally set out to take another cool trip, but the exchange rate ... .  Normally admission is 2000 won, but today it was free, and we got an education in Korean history [more...]

Date: 2008-12-24 23:17:00

What’s a Ponzi Scheme? (And Who Is This Ponzi Character?)

Investigators are trying to figure out whether the financial fraud allegedly perpetrated by Bernard L ... .) As exchange and postal rates fluctuated, though, there was an opportunity to make a profit. You only had to purchase postal reply coupons cheaply in some foreign country, send them back to the U.S. to swap [more...]

Date: 2008-12-16 17:45:15

Strong Yen ‘Not Necessarily To Japan’s Advantage’

In case you’re wondering about the sarcasm in the title, I am paraphrasing Emperor Hirohito’s World War II surrender speech, ... that the South Korean won, the currency of Japan’s main competitor in areas such as electronic goods ... exchange rate cannot help but hurt Japan. There is another problem with the strong yen. It could tip [more...]

Date: 2008-12-17 22:26:25

Dependencies - how hard can it get?

Today I must have broke my own record in the number of new things installed in a day (actually just evening + night).First I decided to abandon MS Money for GnuCash, which helped a lot with its double entry accounting, helping me to learn my accounts a little better.Then comes the need for Exchange Rates. ... [more...]

Date: 2009-01-04 15:40:05

Daily Forex Overview

Previous session overview On Wednesday, the dollar declined versus the euro after the Federal Open Market Committee voted to keep interest rates unchanged and the foreign exchange market concluded that it gave no signal of a near-term rate hike. After a two-day policy meeting in New York, U.S. Federal Reserve Chairman Ben Bernanke largely [more...]

Date: 2008-06-26 07:55:00

A Tale of Two Careers

I am a portrait/wedding photographer.I also work at the Mayo Clinic - as an analyst, non-photography related ... , I ended up having to pay about A$300 (about US $200? depending on the exchange rate ... . The couple would get to dress up in different outfits (e.g. Chinese wedding customs, Japanese or Korean [more...]

Date: 2009-01-02 07:19:53

Oh Zsuzsana

Pastor Steven L. AndersonFaithful Word Baptist ChurchDear Pastor Anderson,I have a confession to make ... go: and when he is old, he will not depart from it. - Proverbs 22:6I'm very impressed by that exchange. Not only ... . At this rate, they'll be ready for a pair of steel-toed witnessing boots by the time they hit seven.But, I'm [more...]

Date: 2009-01-09 05:06:00

Angry Jobless Indians, Social Contracts

Allow me to highlight some of the scary stuff below…Indian Exporters May Cut 10 Million Jobs on Recession (Update2) ... and commodity prices slide, the World Bank said on Dec. 9. World trade volumes will probably contract next year by 2.1 percent, hampered by exchange rate volatility and flagging import demand.”Probably [more...]

Date: 2009-01-06 17:00:00

Brazilian history of hyper-inflation, and the resulting propensity to consume

People who have witnessed hyper-inflation may fear that if crisis hits again, they may loose all of the value of their savings… ... the current account deficit, and in turn scares away foreign investors…driving down the exchange rate ... , not in my generation in the USA). While I dont think inflation is a risk in Brazil at the moment (although [more...]

Date: 2009-01-10 13:58:29

Connect NYC: What to Expect for ’09

By Katherine Tarbox, Senior Editor, REALTOR® Magazine More than 1,200 hungry real estate professionals gathered for Real Estate Connect NYC, Jan ... during a time when exchange rates are still favorable for foreign buyers. One tip: Those who want to break into the international arena should list prices in foreign currencies and state dimensions [more...]

Date: 2009-01-09 21:15:19

Is Forex too Risky to Invest In?

by Alan Ruffalo Have you ever thought about exchanging foreign currency to make a profit ... % automated. Tell me it is not a great feeling to deposit some money in an account and have software ... it where there is actually money to be made, in currency exchange rates. Can you find a stock trading [more...]

Date: 2009-01-08 01:25:54

Top Travel Tips For 2009

Be aware of the latest schemes that 'no frills' airlines come up with to squeeze more money out of you ... on the exchange rate. Leave the iPhone at Home Despite EU roaming legislation, it's easy to get carried away ... With the pound plunging against the euro why not consider Egypt, Tunisia or Turkey? Then again [more...]

Date: 2009-01-06 14:22:00

Lawmaker proposes giving cops foreclosed homes

The typical mortgage is 30 years. But walk a beat in Atlanta, and that house could be yours in half that time — and for just a little money down ... have to persuade lenders holding the liens to give several shuttered homes to the county in exchange for tax ... or interest rates. Georgia has consistently been in the top 10 in foreclosed properties, with [more...]

Date: 2009-01-11 17:00:00

Tariffs, Arbitration and price-fixing – class struggle or intra-capitalist settlement?

by Humphrey McQueen[The following text appeared in “The Review” section of the Australian Financial Review, 2 November 2007, pp. 6-8 ... the importance of tariffs for the revenue, and to maintain the exchange rate. Finally, the account ... of the tyranny of clichés 3 with which debates are clogged by “second-rate public intellectuals” - to apply [more...]

Date: 2009-01-01 05:04:37

Tesco shares jump on trading update

LONDON (AP) — Shares in Tesco PLC jumped more than 6 percent on Tuesday after Britain’s largest retailer revealed that its plan to lure in shoppers ... of supermarket chain Homever and in spite of the depreciation of the Korean won against the pound ... . Outside of Britain, the company sales were up 14.6 percent at constant exchange rates in the 13 [more...]

Date: 2008-12-02 16:08:00

Euro is no panacea

Back in September, I suggested that the economic downturn meant that it was time to look again at joining the Euro ... the exchange rate on entry at the 'right' level, but there is a sense in which the mere removal ... , as I see it, to the Welsh economy in becoming part of the Euro-zone, but none of these are instant [more...]

Date: 2009-01-06 11:14:00

Currency Trading: New Trend of Earning Easy Profit

Want to earn money even with a low investment? Then Currency Trading is perfect for you. Mr. Currency Chills with the Homies ... Forex” with the purpose of making money. The only requirement for this kind of transaction is a credit ... ). Combination of any of these pairs also works. How does FOREX operates? The currency exchange rate [more...]

Date: 2009-01-11 13:46:56

Friday, 14th November 2008

Howzit Foreign currency mid-rates updated. -o00o- Think along these lines - how on earth to you calculate inflation when it stretches into 21 ... calculated the figures based on exchange rate movements and market data. In post Second World War ... figures? "The latest figures put the country's annual rate at 516 quintillion per cent - 516 [more...]

Date: 2008-11-14 11:34:13

Gold

I read an article in the Global Research Monitor out of Montreal (in my Web list) ... as the G20 nations plan meetings twice a year, into the future, attempting to figure out a global response ... of the G20 creating a Bretton Woods II agreement to broker new fixed rates of exchange has some attractive [more...]

Date: 2008-11-20 20:26:00

forex markets

How to Make Money in Your Sleep Currency Analyst Sean Hyman explains how to take advantage of a Forex pastime… “Let me give you a quick example ... that the exchange rate would hit my desired price.” “The limit order to enter a trade on your trading station [more...]

Date: 2009-01-10 02:16:13

[IMG Shop sales]

Eurozone bargain hunters flood into UK Shoppers from countries in the eurozone are swarming into Britain and London in particular ... foreign exchange rates New Star Latest on the struggling fund manager Financial crisis Who's to blame ... oil price and historic charts Interest rates News and experts' predictions House prices News [more...]

Date: 2009-01-12 20:43:58

Xchange R8: Freeware currency converter

In these days of economic turmoil its useful to know what the current exchange rate is before going to change money for travel abroad, as it can change dramatically day by day. Xchange R8 is a simple currency converter using live ... of England currency are accessed via the Export Technologies WebService and the Bank of Romania [more...]

Date: 2008-09-19 12:30:28

Europe Solar Price Falls to Record Low, Global Prices Begin Drop

Solar prices have finally begun their downward trajectory in January, as revealed by the monthly survey just released on solarbuzz.com ... , if US prices stayed constant, an equivalent price in Europe using today’s exchange rate of ~$1.35 per ... fell six cents to a record low of 4.61 euros per watt peak. This was a couple euro cents below [more...]

Date: 2009-01-07 20:05:01

The pound is suffering its worst slide since Britain was forced off the gold standard in 1931.

By Edmund Conway and Angela Monaghan Last Updated: 12:27PM GMT 19 Dec 2008 Sterling dipped closer to parity against the euro, ... of England. The fall is sharper than the devaluations in 1992, after leaving the Exchange Rate ... that the Bank of England will follow in the Federal Reserve’s footsteps and cut interest rates [more...]

Date: 2008-12-19 15:39:31

Make Billions In The Forex Market By Trading Intelligently

by Rod Soto Foreign exchange market involves transactions of currencies of different countries ... of one countries currency in exchange for paying a quantity of another countries currency or between two ... . Every small and big factor from nook and corner of the world effects currency exchange rates which [more...]

Date: 2009-01-08 12:37:54

In the money

Picked up by The Daily Mail is the staggering story that the bill for membership of the European Union will increase by nearly £4 billion, ... by The Independent which adds a small but vital detail. When determining the exchange rate at which we pay [more...]

Date: 2009-01-05 15:23:00

Italy overtakes UK as British pound declines

Even working here in Europe, I have no idea how Italy does it ... was now worth less than Italy's. Applying Wednesday's exchange rate to the two countries' output last year ... could get no worse, La Stampa yesterday declared: "Italy beats England sic with the euro [more...]

Date: 2008-12-19 08:27:00

Red Hat Shares Rise as Q3 Profit Beats

Linux software vendor Red Hat (RHT) is jumping after hours following better-than-expected profits ... estimate of $166.4 million, however net income per share, excluding the cost of options, was 24 ... reduction to operating expenses thanks to foreign exchange rate changes, which offset the forex [more...]

Date: 2008-12-22 12:28:00

The Non-Free Sale

"Liar liar pants on fire!" I cower my head in shame.. ... a bit, to find that these babies cost EUR389 online and at the current DIRE exchange rate (£=€... CRAZY...come to London, my Euro friends and have yourself a bargain...), I feel I made a wise [more...]

Date: 2008-12-30 12:42:30

9 for ‘09

Seeing as how it’s already January 12, I’m sure everyone is sick and tired of lists. Lists of goals and resolutions and “Best Of’s” However ... comfortably this January. While the exchange rate is getting better, I still can’t afford to buy myself [more...]

Date: 2009-01-12 16:44:57

I'm in love!

I found a new love and it's called mosaickr and it is so cool! You can use your flickr images ( ... resolution mosaic for free. Or you can order a high resolution copy for .99 EURO which is about $1.37 in U.S. money and pay pal will take care of the exchange rate for you. I think you can use it even [more...]

Date: 2009-01-07 03:40:29

The Mail Buoy Episode 137

First off - the podcast button has been checked and you should be seeing this show in your iTunes feed… It was a slim news week this past week in ... you a significantly discounted fare that is even price protected should the rate fall - in exchange for a non [more...]

Date: 2009-01-13 03:10:22

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