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May 5, 2011

How Can Retirees Benefit From a Weakening Dollar?

Since June 2010, the dollar has been weakening with respect to the euro. The euro is the currency of countries in the European Union and since of that it, carries a excellent deal of weight in global economics. In June 2010 alone, one euro started outside costing $1.26 and has more or less risen to $1.46 as of April 2011. What does this mean to retirees and travelers – and how can they benefit?
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