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  • Western Union Business Solutions - Gold prices slip as dollar gains
    a 2 60 drop to 1 656 90 per troy ounce This past week saw the U S Federal Reserve reduce the likelihood of a third round of quantitative easing which strengthened the value of the U S dollar That pulled down the value of the precious metal Another factor that played into gold s dive this week is India the globe s second largest consumer of bullion noting it intends to double tariffs on imports of gold China recently displaced India as the globe s biggest consumer of gold Category Industry News Share Foreign Exchange Services for Business With a focus on payment services Western Union Business Solutions enables businesses of all sizes to send funds internationally through our global payment solutions See our available FX payment services Related posts Euro climbs against dollar as pound Australian dollar slip Europe s shared currency recovered against the U S dollar Friday morning as the euro regained some Gold prices follow euro s dip as dollar gains The price of gold fell on Friday tracking the ailing common currency of the European Union which a Gold prices gain as dollar slips following weak U S economic data Underwhelming economic data from the U S benefited the price of gold of Wednesday as the yellowish Industry News 1486 Media Coverage 305 News Releases 24 Past Events 28 Recent Posts Aussie hovers as U S leaders struggle with negotiations Loonie benefits from better than expected Canadian U S data Euro rises after stronger than expected U S data released Yen notches top gain in six weeks Peso dips as Obama Boehner encounter snag Pound climbs against dollar after policy makers overwhelmingly supported end of intervention Tag cloud AUD Australia CAN Canada CHF China CNY EUR Foreign Exchange news FX Risk Management news GBP

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Gold-prices-slip-as-dollar-gains.aspx (2012-12-22)
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  • Western Union Business Solutions - Dollar weakens as gold prices soar
    a significant move in crude prices and for that to spill into gold Tom Kendall an analyst for Credit Suisse said to Reuters As the United States has ordered naval vessels to relocate into Iran s waters fears that Iran could halt the exportation of oil supplies are currently surfacing among the rest of the global community Increased commodity purchases and the potential crisis in the Strait of Hormuz are perhaps the most likely reasons for a weakening dollar Category Industry News Share Foreign Exchange Services for Business With a focus on payment services Western Union Business Solutions enables businesses of all sizes to send funds internationally through our global payment solutions See our available FX payment services Related posts Gold prices slip as dollar gains Gains to the globe s largest economy and the world s reserve currency helped drive the price of gold Gold prices drive higher as dollar softens A softening U S dollar pushed up the price of gold on Thursday encouraging bargain hunters to inve Gold prices gain as dollar slips following weak U S economic data Underwhelming economic data from the U S benefited the price of gold of Wednesday as the yellowish Industry News 1486 Media Coverage 305 News Releases 24 Past Events 28 Recent Posts Aussie hovers as U S leaders struggle with negotiations Loonie benefits from better than expected Canadian U S data Euro rises after stronger than expected U S data released Yen notches top gain in six weeks Peso dips as Obama Boehner encounter snag Pound climbs against dollar after policy makers overwhelmingly supported end of intervention Tag cloud AUD Australia CAN Canada CHF China CNY EUR Foreign Exchange news FX Risk Management news GBP Germany Greece International Payments news Ireland Italy Japan JPY MXN New Zealand Portugal Spain

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Dollar-weakens-as-gold-prices-soar.aspx (2012-12-22)
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  • Western Union Business Solutions - Fed committee debated QE3 as QE2 was wrapping up, minutes indicate
    unemployment rate in the medium run the minutes state The second round of quantitative easing known as QE2 saw the 600 billion acquisition of assets as a strategy of motivating the moribund economy That phase ended on the last day of June yet in the weeks prior speculation mounted as to if the central bank would implement a third round which was termed QE3 But Fed Chair Ben Bernanke dropped indications that there would be no QE3 Bernanke stated at those meetings that the pace of the economic recovery was not rapid enough the Associated Press reports Category Industry News Share Foreign Exchange Services for Business With a focus on payment services Western Union Business Solutions enables businesses of all sizes to send funds internationally through our global payment solutions See our available FX payment services Related posts Stimulus unlikely anytime soon March FOMC minutes indicate The value of the world s reserve currency climbed to its top rate in seven days against the shared c QE3 will occur poll indicates Ben Bernanke and friends are likely assembling a third phase of asset purchases a Bloomberg poll of Dollar drops after Fed announces QE3 The value of the U S dollar dropped Thursday against the Japanese yen after the central bank of the Industry News 1486 Media Coverage 305 News Releases 24 Past Events 28 Recent Posts Aussie hovers as U S leaders struggle with negotiations Loonie benefits from better than expected Canadian U S data Euro rises after stronger than expected U S data released Yen notches top gain in six weeks Peso dips as Obama Boehner encounter snag Pound climbs against dollar after policy makers overwhelmingly supported end of intervention Tag cloud AUD Australia CAN Canada CHF China CNY EUR Foreign Exchange news FX Risk Management news GBP

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Fed-committee-debated-QE3-as-QE2-was-wrapping-up-minutes-indicate.aspx (2012-12-22)
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  • Western Union Business Solutions - Aussie benefits from re-election of Obama
    Kong told the news source While the U S president prepares for a second term the consistent approach that will be executed by the current administration is positive The one thing we don t need these days is uncertainty Ben Bernanke chairman of the U S Federal Reserve might not have returned once his term completes in early 2014 had Romney prevailed Bloomberg reports The Aussie was stronger during Asian trading after Obama s re election according to CNBC Category Industry News Share Foreign Exchange Services for Business With a focus on payment services Western Union Business Solutions enables businesses of all sizes to send funds internationally through our global payment solutions See our available FX payment services Related posts Obama re election tugs down dollar The re election of U S President Barack Obama dragged down the value of the U S dollar on Wednesda Loonie s benefit from Obama re election pulled down by Draghi remarks The monetary unit of Canada backtracked Wednesday morning after overnight gains prompted by the re e Greek commitment to cut budgets benefits Aussie dollar The Australian dollar gained value on Friday following a renewed optimism about Greece winning euro Industry News 1486 Media Coverage 305 News Releases 24 Past Events 28 Recent Posts Aussie hovers as U S leaders struggle with negotiations Loonie benefits from better than expected Canadian U S data Euro rises after stronger than expected U S data released Yen notches top gain in six weeks Peso dips as Obama Boehner encounter snag Pound climbs against dollar after policy makers overwhelmingly supported end of intervention Tag cloud AUD Australia CAN Canada CHF China CNY EUR Foreign Exchange news FX Risk Management news GBP Germany Greece International Payments news Ireland Italy Japan JPY MXN New Zealand Portugal Spain United Kingdom

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Aussie-benefits-from-re-election-of-Obama.aspx (2012-12-22)
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  • Western Union Business Solutions - Euro climbs as finance ministers convene
    Bank of New York Mellon in London told Bloomberg on Monday Talks with Greece are going to continue And of course ditto with the Spanish situation German industrial production fell 0 5 percent from July to August as the euro also lost value against the U S dollar for the first time in three days Reuters reports the ministers are set to unveil the 500 billion euro bailout fund when they convene the Monday meeting as a method of confronting the sovereign debt crisis Category Industry News Share Foreign Exchange Services for Business With a focus on payment services Western Union Business Solutions enables businesses of all sizes to send funds internationally through our global payment solutions See our available FX payment services Related posts Euro climbs as finance ministers prepare to convene again The value of the shared currency of the European Union dropped on Monday against the monetary unit o Greenback gains as euro bloc finance ministers convene The value of the U S dollar climbed Monday against its counterpart currencies as finance ministers Rand climbs as euro ministers convene for Greece s health The value of the monetary unit of the largest economy on the African continent achieved gains on Mon Industry News 1486 Media Coverage 305 News Releases 24 Past Events 28 Recent Posts Aussie hovers as U S leaders struggle with negotiations Loonie benefits from better than expected Canadian U S data Euro rises after stronger than expected U S data released Yen notches top gain in six weeks Peso dips as Obama Boehner encounter snag Pound climbs against dollar after policy makers overwhelmingly supported end of intervention Tag cloud AUD Australia CAN Canada CHF China CNY EUR Foreign Exchange news FX Risk Management news GBP Germany Greece International Payments news Ireland Italy Japan JPY

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Euro-climbs-as-finance-ministers-convene.aspx (2012-12-22)
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  • Western Union Business Solutions - Euro climbs against greenback as Greek outlook gains strength
    euro has priced in this crisis so we ve made the big adjustment I don t think we ll see it fall significantly lower until we get a clear view on the election The past 180 days have seen the currency lose 3 6 percent of its value against the U S dollar distinguishing itself as the worst performing of the 10 developed nation monetary units that Bloomberg follows The Wall Street Journal reports that stronger than anticipated euro zone economic data also benefited the euro on Wednesday Category Industry News Share Foreign Exchange Services for Business With a focus on payment services Western Union Business Solutions enables businesses of all sizes to send funds internationally through our global payment solutions See our available FX payment services Related posts Pound gains against euro falls against greenback The English pound climbed in value against the shared currency of the European Union on Tuesday but Euro gains against greenback amid brighter outlook for new government in Greece The value of the common currency of the European Union gained against the world s reserve currency o Yen gains against greenback as Bank of Japan opts against strengthening stimulus program The value of the Japanese yen gained the most in 14 days against the world s reserve currency on Fri Industry News 1486 Media Coverage 305 News Releases 24 Past Events 28 Recent Posts Aussie hovers as U S leaders struggle with negotiations Loonie benefits from better than expected Canadian U S data Euro rises after stronger than expected U S data released Yen notches top gain in six weeks Peso dips as Obama Boehner encounter snag Pound climbs against dollar after policy makers overwhelmingly supported end of intervention Tag cloud AUD Australia CAN Canada CHF China CNY EUR Foreign Exchange news FX Risk

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Euro-climbs-against-greenback-as-Greek-outlook-gains-strength-.aspx (2012-12-22)
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  • Western Union Business Solutions - Peso slips against dollar in aftermath of jobs report
    the U S The purchase of debt floods the market with the world s reserve currency which reduces the value of the dollar In turn currencies of emerging markets capitalize Reuters report Ben Bernanke chairman of the U S Federal reserve was scheduled for a speaking engagement in Georgia on Monday Investors analysts and other observers typically listen closely to the Fed chief to determine if his spoken work indicates which way the central bank s monetary policy is swaying Category Industry News Share Foreign Exchange Services for Business With a focus on payment services Western Union Business Solutions enables businesses of all sizes to send funds internationally through our global payment solutions See our available FX payment services Related posts Aussie climbs against Kiwi after jobs reports differ The value of the monetary unit of Australia drove to its highest value in seven weeks against the Ne Euro climbs against dollar as pound Australian dollar slip Europe s shared currency recovered against the U S dollar Friday morning as the euro regained some Yuan slips against dollar as PBOC establishes parity rate The value of the monetary unit of China dropped against the U S dollar on Tuesday after the Asian n Industry News 1486 Media Coverage 305 News Releases 24 Past Events 28 Recent Posts Aussie hovers as U S leaders struggle with negotiations Loonie benefits from better than expected Canadian U S data Euro rises after stronger than expected U S data released Yen notches top gain in six weeks Peso dips as Obama Boehner encounter snag Pound climbs against dollar after policy makers overwhelmingly supported end of intervention Tag cloud AUD Australia CAN Canada CHF China CNY EUR Foreign Exchange news FX Risk Management news GBP Germany Greece International Payments news Ireland Italy Japan JPY MXN

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Peso-slips-against-dollar-in-aftermath-of-jobs-report.aspx (2012-12-22)
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  • Western Union Business Solutions - Euro climbs amid optimism of European officials' Brussels meeting
    which dove to its lowest price in 17 months against the world s reserve currency earlier this month The monetary unit of the bloc is in danger of suffering additional damages should the Aegean nation default on its financial obligations Bloomberg reports the monetary unit also climbed amid optimism of European official convening on Monday in Brussels to devote effort to addressing the damaging tendencies of the debt scourge which now is in its third year of savaging banks markets and public finance systems Category Industry News Share Foreign Exchange Services for Business With a focus on payment services Western Union Business Solutions enables businesses of all sizes to send funds internationally through our global payment solutions See our available FX payment services Related posts Euro climbs against dollar amid optimism for Copenhagen meeting The value of the shared currency of the European Union gained against the world s reserve currency o Euro climbs amid optimism for Monday pact The value of the shared currency of the European Union gained against the world s reserve currency o Euro gains amid euro zone optimism The shared currency of the European Union continued driving higher in value on Friday morning amid l Industry News 1486 Media Coverage 305 News Releases 24 Past Events 28 Recent Posts Aussie hovers as U S leaders struggle with negotiations Loonie benefits from better than expected Canadian U S data Euro rises after stronger than expected U S data released Yen notches top gain in six weeks Peso dips as Obama Boehner encounter snag Pound climbs against dollar after policy makers overwhelmingly supported end of intervention Tag cloud AUD Australia CAN Canada CHF China CNY EUR Foreign Exchange news FX Risk Management news GBP Germany Greece International Payments news Ireland Italy Japan JPY MXN New Zealand Portugal

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Euro-climbs-amid-optimism-of-European-officials-Brussels-meeting.aspx (2012-12-22)
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