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  • Western Union Business Solutions - Dollar endures pressure imparted by Moody's warning
    kick off two days of meetings beginning Wednesday A fiscal cliff and another downgrade are not dollar positive research director Kathleen Brooks with Forex com told MarketWatch on Tuesday To make up for the government s fiscal malaise the Fed might have to do QE as early as this week The dollar index a metric of the greenback s strength against six competing currencies dropped from Monday to Tuesday The Federal Open Market Committee is likely to announce results of its meetings on Thursday MarketWatch 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 Dollar endures pressure of Spanish delay The value of the U S dollar was pinched by debt hobbled Spain delaying release of its budget draft Dollar continues strong performance despite warnings A second warning from a credit ratings service did not deter the strength of the U S dollar Friday Rising Australian dollar pressures some boosts others The Australian dollar has gained value throughout the third quarter and on Monday it reached quo 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/Dollar-endures-pressure-imparted-by-Moodys-warning.aspx (2012-12-22)
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  • Western Union Business Solutions - Euro hinges on expectations of Spanish bailout request, EU meeting later this week
    lack of political action is keeping the euro pinned down senior currency strategist Adam Myers with Credit Agricole told Reuters on Monday The euro remains a sell on rallies because the ECB s decision to buy unlimited government bonds is only a palliative The EU summit slated for this week will focus on the financial struggles in Spain and Greece both of which are enduring damages imparted by the European debt crisis Bloomberg reports the 17 nation monetary unit is poised to drop amid concerns about growth and development in the region 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 pressured by Spanish bailout expectations Ministers of Spain gathered Thursday in the nation s capital to introduce new budget cuts as the sha Euro impacted by likely Spanish bailout solicitation The value of the shared currency of the European Union advanced on Friday against the U S dollar am Reuters Sterling at Five Week High Versus Euro After BoE Pause From Reuters EURO ZONE POSES RISK The European Central Bank ECB decided to keep rates on hold a 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

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Euro-hinges-on-expectations-of-Spanish-bailout-request-EU-meeting-later-this-week.aspx (2012-12-22)
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  • Western Union Business Solutions - Euro impacted by likely Spanish bailout solicitation
    prevailing dollar weakness from quantitative easing in the U S and the euro has come out in a new range which looks like it will be more stubborn One day prior the embattled 17 nation currency lost value after dismal business surveys suggested the regional recession was deepening Bloomberg reports speculation is mounting about European policy makers preparing to demonstrate plans for the nation s bailout 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 hinges on expectations of Spanish bailout request EU meeting later this week The common currency of the European Union rose Monday against the U S dollar amid expectations that Euro pressured by Spanish bailout expectations Ministers of Spain gathered Thursday in the nation s capital to introduce new budget cuts as the sha Euro s recovery against yen dollar likely to hit snags The euro began recovering from low values against two of its rival currencies on Monday morning 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 United States USD Archive 2012 December 51 November 109 October

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Euro-impacted-by-likely-Spanish-bailout-solicitation.aspx (2012-12-22)
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  • Western Union Business Solutions - Loonie dives after data shows Canadian GDP slipped
    told the news source Any slowing in hiring in Canada is liable to push the loonie further below parity against the greenback October losses for the Canadian dollar amounted to roughly 1 6 percent which drew down yearly gains to 2 1 percent Reuters reports the loonie is likely to be impacted by economic data released by the U S to include jobless claims data about expenses and costs for productivity and labor construction and manufacturing figures and a gauge of consumer confidence 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 Loonie advances against the dollar after data shows GDP surpassed expectations The value of the Canadian dollar increased against the U S dollar on Friday after economic data ind Loonie dives after data indicates inflation falls The value of the Canadian dollar slipped against its southerly rival on Friday as a consequence of g Loonie benefits from better than expected Canadian U S data The monetary unit of Canada increased in value against the U S dollar on Thursday after both countr 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

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Loonie-dives-after-data-shows-Canadian-GDP-slipped.aspx (2012-12-22)
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  • Western Union Business Solutions - Loonie nears parity against the U.S. dollar
    optimism for prospects pertaining to global economic growth Coming off a bullish performance last week the loonie continued driving up in value amid strong performances by U S stocks Some of Canada s top economic indicators demonstrated strong results for a sixth consecutive month last month according to Statistics Canada The Canadian dollar is benefiting from tentative signs of cyclical rebound in global economic growth states an email from currency strategist Lee Hardman with Bank of Tokyo Mitsubishi UFJ While it is still too early to give the all clear given downside risks to growth still out there the market appears to be prepared to give it the benefit of the doubt The price of oil benefited from the European Union agreeing to prohibit the energy commodity s imports from Iran At 2 52 p m on Monday crude oil futures increased 0 66 percent a 72 cent lift to 110 58 per barrel Last week saw the value of the loonie increase 1 percent against the U S dollar The loonie also traded less than one cent from its lowest value in 15 years of the Australian dollar which it touched in May 1997 A high level administrator said the performance of the loonie is in response to Bank of Governor Mark Carney noting the nation ought to pursue markets in addition to that of the U S due to the country s slow economic recovery The Canadian dollar is underperforming other risk sensitive currencies after Mr Carney expanded upon his doom and gloom outlook for global growth and the Canadian economy states an emaild note to clients from senior vice president John Curran with CanadianForex in Toronto according to Bloomberg The Canadian Press reports the loonie pushed ahead with a little help from increases in prices of commodities and optimism for Greece s challenging situation being resolved The Aegean nation and private creditors which include banks and investment houses are trying to hash out a pact to exchange Greek bonds for bonds that hold 50 percent lower value which would cut out a significant chunk of the nation s debt Both sides of the disagreement said they are nearing a pact which would be beneficial to Greece as it works toward preventing a default of its loan obligations They will have to work out an agreement for Greece to receive its second tranche of bailout funding 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 Loonie hovers against greenback as Bank of Canada prepares for interest rate discussion on Tuesday The value of the Canadian dollar hovered against its southerly rival on Monday in anticipation of Tu Loonie dips after closing above parity against greenback The value of the Canadian dollar reached its highest point in 90 days against the world s reserve cu Loonie climbs

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Loonie-nears-parity-against-the-US-dollar.aspx (2012-12-22)
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  • Western Union Business Solutions - Loonie slips as Carney prepares to address auto worker union
    I think the lead is really coming from the U S equity futures global head of foreign exchange strategy Adam Cole with RBC Capital Markets in London told Reuters He said governor Mark Carney s speech to the Canadian Auto Workers union on Wednesday is likely to impact the monetary unit s value Carney is poised to be Canada s first top banker to speak to CAW members the CBC reports But he might encounter a modicum of hostility since the union holds the central bank accountable for sharp increases to the loonie 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 Loonie slips as central bank prepares for Tuesday meeting The monetary unit of Canada slipped to its lowest value in 60 days against the U S dollar on Monday Real slips as government intervenes Real slips as government intervenes Real slips as government intervenes The Brazilian real lost value against the world s reserve currency on Wednesday a consequence of th Western Union to Acquire Travelex Global Business Payments Western Union today announced it has signed an agreement with Travelex Holdings Limited to acquire t 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

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Loonie-slips-as-Carney-prepares-to-address-auto-worker-union.aspx (2012-12-22)
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  • Western Union Business Solutions - Loonie slips from three-month high against greenback as oil slides
    to head lower Losses to crude oil dropped as much as 0 7 percent as U S stocks also fell The Canadian Press reports losses to oil were partially attributable to economic data indicating the economy of Japan developed by only 0 3 percent during the second quarter of this year as compared to the first quarter That development rate was roughly half of projections The news source linked the lower than expected returns to byproducts of the sovereign debt crisis tearing through the euro zone 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 Loonie loses value against greenback as crude oil slips The value of the monetary unit of Canada fell against its southerly rival on Monday pulled down by Loonie pushes to 90 day high against greenback The monetary unit of Canada was near three month highs against the world s reserve currency on Monda Loonie pushes toward recent highs against greenback The value of the Canadian dollar was pressing toward its recent highs against the world s reserve cu 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

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Loonie-slips-from-three-month-high-against-greenback-as-oil-slides.aspx (2012-12-22)
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  • Western Union Business Solutions - Gold prices hover as Fed officials prepare to speak this week
    price of gold was around 1 650 per troy ounce mid morning on Monday One factor that is likely to impact the price of gold is the doubled tariffs India intends to apply to imports of gold The Subcontinent is the globe s second largest consumer of bullion trailing only China Additional factors likely to push the precious metal s price up or down are speeches this week of U S Federal Reserve chair Ben Bernanke and policy maker William Dudley who also is president of the New York Federal Reserve Bank 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 hover as Fed symposium approaches The price of gold dropped the most in 14 days on Tuesday amid conjecture suggesting the central bank Gold prices edge higher as Fed prepares to release minutes The price of gold was edging up in value on Wednesday as the world s reserve currency benefited from Gold prices hover near 1 600 per troy ounce The price of gold was flirting with the milestone value of 1 600 per troy ounce on Monday but conc 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/Gold-prices-hover-as-Fed-officials-prepare-to-speak-this-week.aspx (2012-12-22)
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