MoneyMona e-current accounts offer a great alternative to mainstream accounts. Many individuals in the UK cannot get a current account with the mainstream providers. This can be for many reasons from adverse credit to not
CABLE 1.6930 GBPEUR 1.2229 EUR 1.3840
The euro was set to fall for the first week in three after European Central Bank President Draghi said policy makers may ease in June. The yen headed for its strongest weekly advance against the dollar in a month. The single
currency has weakened against most of its major peers since May 2, with Draghi saying yesterday the 24-member Governing Council was “comfortable with acting next time.
Australia’s dollar was weaker after the nation’s central bank said loose monetary policy would be appropriate for some time yet. The pound was poised for its longest stretch of weekly gains since September 2012 amid signs the U.K.’s economic recovery is gaining traction. Draghi seems to have succeeded in raising market expectations for additional easing, weakening the euro. I expect the euro to stay soft until the June meeting.
The euro traded at $1.3840 at 1:02 p.m. in Tokyo, set for a 0.2 percent weekly loss. It yesterday touched $1.3993, the strongest level since Oct. 31, 2011. The 18-nation currency was little changed at 140.74 yen and has weakened 0.7 percent since May 2. The yen was at 101.70 per dollar, little changed from yesterday and 0.5 percent higher than last week. The pound fetched $1.6926, and has risen 0.3 percent since May 2, poised for a fifth weekly advance.
The common currency dropped yesterday versus all its 16 major counterparts except Denmark’s krone as Draghi’s comments in Brussels raised the prospect of additional stimulus. We want to see the staff projections that will come out in the early June, Draghi said after the ECB kept its benchmark rate at a record-low 0.25 percent yesterday, as predicted by 56 of 58 economists surveyed. There wasn’t a decision today. It’s a preview of the discussion we will have next month. A stronger euro in the context of low inflation is cause for serious concern, Draghi said.
The euro gained 5.4 percent in the past 12 months, the third-best performer of 10 developed-nation currencies tracked by Bloomberg Correlation-Weighted Indexes. The dollar fell 1.3 percent and the yen weakened 2.5 percent. The pound was the biggest gainer, rising 9.2 percent. Australia’s dollar was the worst performer, with a 9.2 percent loss. The yen rallied this week after 10-year Treasury yields touched a three-month low of 2.57 percent on May 5, reducing the allure of US debt for Japanese investors. U.S. yields are near the low end of the range they’ve been in since January, and if they break below that there’s scope for a larger drop.
See what options exist in the current accounts market for people with bad credit
It’s hard to get by without a bank account these days, as it’s the main hub for receiving your income and making payments – but if you’ve got a bad credit rating, you may find it tough to get one.
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You may be fed up with overdraft charges, fees and inconvenient bank hours. Sometimes keeping money in the bank seems like more trouble than it's worth. Nevertheless, most people assume bank accounts are essential. But why is
David Cameron is to argue that England's national day has for too long been overlooked, in a St Georges day message that is calculated to woo Ukip voters while avoiding alienating Scots. With the flag of St George due to fly above
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At first glance the International Monetary Fund's latest set of forecasts seem to reflect extraordinarily well on Britain. The IMF has revised up its growth estimates for the economy since January by a bigger margin than for any other advanced country. If it is correct, Britain will grow at a faster pace this year (2.9 per cent) than any other member of the G7 club.But the IMF sounded a warning too. "The recovery [in the UK] has been unbalanced, with business investment and exports still disappointing, it said in its World Economic Outlook. It also noted a potential threat to stability posed by surging house prices. So how unbalanced is our recovery? And just how worried should we be?
The IMF is by no means alone among analysts in harbouring concerns. In 2013 the economy grew 1.7 per cent, but as the first chart shows this was heavily dependent on output from our services firms. Construction made a contribution, but manufacturing was actually a small drag on growth over the 12 months. After widespread hopes in the wake of the Great Recession of a manufacturing renaissance what George Osborne in 2011 called a "march of the makers" – the protracted weakness of the sector is depressing.
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UK - April 2014 - AI Investments Limited offers creative innovative financial solutions to clients both professional and private. Their latest venture sees the launch of “MoneyMona” where their e-current accounts and Debit Cards are an interesting and imaginative prepaid alternative to how you manage your day to day finances away from the main stream high street banks and providers. Personal financial services are now often bogged down in detailed identity checking and credit references. One of the unique features of MoneyMona is that the service requires just basic identity checks and no credit checks. MoneyMona (www.moneymona.com) part of the AI Investments Ltd group of companies was established with the intention to fill the void left in the high street banking market which is often seen to be both inflexible and lacking in imagination. In offering prepaid services to a wider market place without the onerous task of credit checks, the aim is to make finance and banking a level playing field. Easy To Use Clients can use their MoneyMona card worldwide, at over 24 million merchants that accept Visa and at more than one million ATMs. Not only convenient for both in store and online and additional cards can be made available to friends or family members- valuable to those who send money to family abroad on a regular basis or for parents supporting their children at university. Moneymona services enable clients to use all of the mainstream tools that sometimes would not be available to clients with previous credit issues. AI Investments Limited already offers Foreign exchange services through www.moneymofx.com a fully authorised and regulated provider of International payments. Their ongoing aim is to be adding to our services and products of which our ground breaking Peer to Peer service shows we think out of the box when it comes to financial services. To find out more check out: Twitter @moneymona |
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The Moneymona Account and Visa Debit Card is an electronic money product issued by Contis Financial Services Ltd who is authorised by the Financial Conduct Authority to issue e-money (Firm Reference Number 900025). Although it is a product regulated by the Financial Conduct Authority, it is not covered by the Financial Services Compensation Scheme. We ensure that any funds received by you are held in a segregated account so that in the unlikely event that Contis Financial Services Ltd becomes insolvent your funds will be protected against claims made by creditors.