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Posts Tagged ‘money’

EUR/USD Currency Pair

January 12th, 2019 Comments off

EUR/USD is the most liquid and the most popular currency pair among the forex traders. Trading currencies can be exciting and lucrative. Its a great market because of the way politics affect the trends. Elections, strikes, and sudden developments, both good and bad, can lead to significant trading profits if you stand ready to trade the euro is a convenient currency because it encompasses the policies and the economic activity and political environment of a volatile but predictable part of the world: Europe. EUR/USD is the most heavily traded currency pair in the global currency markets at the moment.

In the United States, where the free-market approach and a usually vigilant Federal Reserve make more frequent adjustments on interest rates. France, Italy, and Germany, the largest members of the European Union (EU), normally operate under high budget deficits and tend to keep their interest rates more stable.

Fed changes its interest rates frequently keeping in view its inflation and unemployment targets. The general tendency of the Fed is to make the dollar trend for very long periods of time in one general direction. Here are some general tendencies of the EUR/USD currency pair on which you need to keep tabs aside from the technical analysis:

1) Given Germanys history of hyperinflation in the first half of the 20th century and the repercussions of that period, namely the rise of Hitler, the European Central Bank (ECB) is almost fanatical about inflation. That means that the European Central Bank raises interest rates more easily than it lowers them.

– The European Central Banks actions become important when all other factors are equal, meaning politics are equally stable or unstable in the United States and Europe, and the two economies are growing. For example, if the U.S. economy is slowing down, money slowly starts to drift away from the dollar. In the past that meant money would move toward the Japanese yen; however, because the market knows that Japans central bank will sell yen, the default currency when the dollar weakens is often now the euro.

– The flip side is that the market often sells the euro during political problems in the region, especially when the European economy is slowing and the economy in the United Kingdom (UK), which often moves along with the U.S. economy, is showing signs of strength.

As a word of caution, its okay to form an opinion and have some expectations, but the final and only truth that should make you trade is what the charts are showing you. As usual, you want to closely monitor major currencies and the cross rates. The direction that counts is the one in which the market is heading.

It is always best to choose only two or three currency pairs and become a specialist in them. Two currency pairs that I would recommend for you are the EUR/USD and the GBP/USD. Both these currency pairs are highly liquid and very popular among the currency traders. Fundamental analysis can help you determine the strong/weak currency pair. Use fundamental analysis to determine if USD is expected to lose value and EUR is expected to gain more strength that means that the currency pair EUR/USD is perfectly timed for swing trading. Use technical analysis to make the entry and exit decision. Combining fundamental analysis with the technical analysis can give you the edge as a forex trader. Sometimes there is a fundamental shift in the direction of a currency pair. As long as you are not following a currency pair like EUR/USD on the daily basis, you wont be able to understand what is happening.

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New York Auto Insurance – Save Money Now!

January 3rd, 2019 Comments off

New York vehicle coverage laws:

$25,000 Bodily Injury Liability; $50,000 for an injury causing death; $50,000 for an injury of two or more people in the other party; $100,000 death of two or more people of the other party, $25,000 Uninsured Motorist insurance coverage; $50,000 max $50,000 minimum Personal Injury Protection $10,000 minimum Property Damage Liability

New York’s no-fault system states that each party pays for their own injuries, no matter who caused the wreck. Personal Injury Protection will cover medical help for the driver, passengers, and any pedestrians who were struck by the vehicle during the crash.

If Personal Injury Protection insurance coverage will pay for each party’s needs, why must New Yorkers also possess Bodily Injury Liability? If another party takes out a lawsuit, claiming you were at fault for an accident, your Property Damage Liability and Bodily Injury Liability should cover those costs. In order to file a lawsuit over an car accident in New York, one’s injury must be deemed “serious”, or costs must exceed the Personal Injury Protection insurance coverage.

In order to register a vehicle in New York, you must show a valid coverage card and have your vehicle coverage company send an electronic file to the Department of Motor Vehicles. If any lapses in coverage occur, the Department of Motor Vehicles will send a notice through the mail. If you know your coverage will lapse for any reason, you must give your license plates to the Department of Motor Vehicles in order to avoid suspensions. Additionally, all New York vehicles must be insured by a vehicle coverage company that is authorized by the New York coverage Department.

If your vehicle coverage expires for less than ninety days, you may opt to pay a penalty rather than submit your license plate. For the first thirty days you will pay eight dollars per day. The next thirty days will bring a charge of ten dollars a day. From then on until day 90, the charge will by twelve dollars a day. This means you could end up shelling out $900 in costs.

Instead of worrying about fees and surrendered license plates, stay organized and find vehicle coverage at a great cost! Searching for vehicle coverage on the web is the easiest way to compare prices. Some online sites will give you many price quotes, which is the The majority efficient way of shopping for vehicle coverage. While searching for price quotes, don’t forget factors like age, profession, driving record, security features, and credit rating can all play a part in lowering your payments. Happy shopping!

Look for new york auto insurance quotes? If so go to our website to get the best quick auto insurance quotes!

Online Shopping For Life Insurance Quotes

December 30th, 2018 Comments off

An increasingly popular fashion of recent days in UK and throughout Europe is the online shopping for life insurance quotes. Now it is not necessary to spend hours on the telephone enquiring about the life insurance quotes. Many times this results in an employer’s disgust or just the release of all our personal information without any result.

Neither do they have to concern ourselves with taking time off work to make appointments with life insurance providers, subjecting ourselves to hours of sales talk. Of coursework, all of these options are still available to consumers should they prefer them, but lots of are now voting with their mouse & turning to online sources for life insurance quotes.

Knowing about the best quotes for life insurance: It is more easy and quick to obtain life insurance quotes online. The search for the right life insurance quote can be started at a convenient time ? either day or night. You can sit browsing for the life insurance quotes even in the early hours of a day. Also we get a great deal of choice while searching online for quotes. Nowadays almost all of the life insurance companies have their own websites which have details about the life insurance products offered by them.

When hunting down life insurance, or any type of insurance, it is always best to get a range of quotes as premiums can vary dramatically – sometimes by 300% or more! The Internet provides consumers with an efficient device to do just this, and they get to read about the benefits of each life insurance plan in the comfort of their own home first.

This is because the premiums of the insurance products usually vary quite dramatically. Sometimes this premium variation can be up to 300% or even more! So it is good to collect information about many life insurance provides and have a comparative study. The internet is a great tool for the customers to know more about the benefits of each life insurance plan at their own comfort and at their home.

The quotes scheme: Most life insurance companies will have links to online quotes request forms. Consumers looking for life insurance quotes will be required to complete the form & submit it online in order to get quotes. The online forms are generally uncomplicated, often taking only 5-10 minutes to complete.

When the form is completed it can be submitted online to the life insurance company. This form will be looked over by the company. Some insurance companies may send their executives personally with an instant quote. Some companies may revert back with a quote within 24-72 hours by reply mail or by telephone. Some companies send their insurance quotes by post.

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Understanding Foreclosure

November 30th, 2018 Comments off

The real estate business is witnessing a downturn; house foreclosure is a common word we hear these days. Most of homeowners are ignorant of what it actually means and end up putting themselves in the worst of situations.

Foreclosure is a legal process instigated by the lending institution to terminate a homeowner’s right to reinstate the mortgaged estate. As a result the lender becomes the authorized owner of the property and can also sell the property to recover the principal money. Foreclosures only happen when homeowners fail to pay the stipulated payments as mentioned in the deed of trust for a period of more than 3 months.

These proceedings normally begin by sending a letter of notice called a notice of default to the homeowner demanding the mortgage payments. There are different types of house foreclosure and their application varies from state to state. However, the two most widely used and common types are by power of sale and by judicial sale.

America has experienced a large increase in foreclosure proceedings, above 79 percent in many cases. How do we put an end to this house foreclosure crisis? What follows are a group of tips that can at least help you individually to make a guide toward foreclosure stop.

First and foremost is communication. You must quickly and clearly communicate with your mortgage lender when you anticipate financial problems. Do not wait to receive a notice of default.

With an increasing number of foreclosure cases, you can easily find professionals to bail you out of such circumstances. The second step therefore is to seek professional help. If you are short of finances it is prudent not to hire them but rather simply ask for advice.

Finally, realize there are other sources of help out there and you are not alone. Ask those that are involved in the process: your lender, professional help to point you toward other helpful institutions or information. Just by doing a search on Google you can find multiple helps and aids in your area so do not give up!

One the most important aspects of avoiding a foreclosure is awareness of your financial situation and the aforementioned timeline. Keep your emotions in check it is very easy to let them overtake you and shroud you in depression and worry, just relax and be hopeful. Use the experts from the mortgage company and those you have sought out for vital support and information and as I’ve said hope for the best!

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What to Do if You Need to Sue a Debt Collector

November 29th, 2018 Comments off

If you’re in debt up to your ears, you might be worried that a debt collector might sue you for not paying on your debt. But did you know that there are many reasons for which you can actually sue them instead?

Keeping in mind that I’m not a lawyer, and am not giving any legal advice whatsoever, here are the facts:

The Fair Debt Collection Practices Act, also known as the FDCPA, defines specific practices in which debt collectors may not engage. According to the FDCPA, you have the right to sue a collector in a State or Federal court if they engage in any of these forbidden practices.

So, what are these forbidden practices?

The first, and most common, is harassment. Under the FDCPA, harassment means use of “threats of violence or harm”, using obscene language, or annoying someone through repeated use of the telephone.

The second forbidden practice is using false statements to collect on a debt. The FDCPA prevents debt collectors from telling lies in order to collect on a debt. This includes falsely presenting themselves as government agents or attorneys, lying about how much is owed, or claiming that your inability to repay your debt makes you a criminal. Debt collections agents have a long history of being dishonest if it makes them easier to collect on a debt.

Debt collectors are also not allowed to publicize the fact that you owe money on a debt. This means they cannot contact other people about your debt, contact you via postcard (since the contents of a postcard can be seen by anyone), or publish your name on a list of people who have outstanding debts. The only time they can contact other people about a debt you owe is to discover your address, telephone number, or place of employment.

So, what are the consequences if a debt collector does break the rules and engage in one of these forbidden practices?

Your first action should be to inform them that you are aware of your rights under the FDCPA, and that they must cease their illegal actions. Most of the time, this will resolve the problem without you having to resort to legal action.

If that doesn’t do the trick, however, you still have up to a year from the time they violated the FDCPA to sue the debt collector in state or Federal court. You are allowed to sue them for any demonstrable damages that you suffered because of their illegal practices, such as lost wages or medical bills.

Even if it’s not possible for you to prove that they caused actual damages, the judge can still force them to pay you as much as $1,000. The judge can also make them pay you for any attorney’s fees that you incurred.

Keep in mind that just because the debt collector violated the law in trying to collect your debt, the debt does not just disappear if you actually owe it. Their violation of the law only entitles you to sue them under the FDCPA.

Make sure to know the law, and be aware of your rights. If anyone violates your legal rights, make sure you enforce your rights.

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