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  • Western Union Business Solutions - Real drives toward weekly loss against greenback
    Ltda in Sao Paulo told the news service If dollars start coming in they may intervene in the spot market Weekly losses for the real are projected to be as high as 0 5 percent Bloomberg reports The finance minister did note that interest rates will remain low and rate cuts remain an option The Wall Street Journal reports the real kicked off the Friday trading session losing value against the U S 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 Yen s slide against greenback drives toward sixth consecutive week The value of the monetary unit of Japan fell against the U S dollar on Friday as it hurtled toward Aussie Kiwi cut into weekly losses against greenback South Pacific dollars were on the rise on Friday as the monetary units cut into losses earlier in th Rand set for weekly losses against the greenback The value of the monetary unit of the largest economy on the African continent slipped on Friday aga 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

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Real-drives-toward-weekly-loss-against-greenback.aspx (2012-12-22)
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  • Western Union Business Solutions - Loonie dips after closing above parity against greenback
    dollar dipped in value against 14 of its 16 counterpart currencies as a consequence of investors seeking out assets that deliver higher yields The loonie also benefited from economic data released by the Institute for Supply Management indicating U S manufacturing developed at its most rapid rate in seven months according to Bloomberg The U S is the nation s top partner for trade and commerce thus the country s monetary unit is sensitive to financial and economic developments and occurrences that impact the economy of the nation hosting the globe s biggest economic system The institute s index gained from 53 1 in December 2011 to 54 1 in January which did not meet projections according to a report issued by the Arizona group But the metric did indicate the industry expanded since metrics bigger than 50 indicate expansion Production in Germany the host of the euro zone s biggest economy increased for the first time since September of last year according to Bloomberg which cited economic data on purchasing manager indexes Factories in China host of the globe s most rapidly developing economic system and the globe s second largest behind that of the U S enhanced their production despite enduring weaker exports prompted by the sovereign debt crisis tearing through the euro zone The Canadian dollar is being driven by the better than expected PMI data states an email from currency strategist Mark McCormick with Brown Brothers Harriman to Bloomberg This has resulted in broad U S dollar weakness a strong rally in equities and has boosted growth sensitive currencies such as the Canadian dollar But The Canadian Press reports the value of the loonie on Thursday morning began showing some chinks in the armor amid commodities downward tack The price of crude oil the top commodity of the nation with an economy based on shipping and exporting its natural resources slipped on Thursday The energy commodity continued a downward tack begun on Wednesday when economic data indicated supplies of oil in the U S increased last week significantly more than projected Another factor that is likely to impact the value of the Canadian dollar is Capitol Hill testimony from Ben Bernanke chairman of the U S Federal Reserve Bernanke is slated to address the House Budget Committee indicating that the body he leads is likely to intervene in support of the U S economy s recovery 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 slides toward parity against greenback The monetary unit of Canada endured its sharpest decline in seven days on Wednesday against its sout Loonie achieves parity against greenback and continues climb The value of the monetary unit of Canada pushed beyond parity with its southerly rival on Tuesday d Loonie loses value against greenback for first session in past

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Loonie-dips-after-closing-above-parity-against-greenback.aspx (2012-12-22)
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  • Western Union Business Solutions - Loonie falls against greenback amid underwhelming jobs data
    Perrier with Bank of Montreal in Toronto told the news source One day after touching its top value in 24 months against the shared currency of the European Union the loonie was minimally changed against the embattled monetary unit A Reuters poll indicates the U S created 90 000 new jobs last month which would trump the 69 000 new jobs created the month prior The May job totals was the lowest for that metric in 12 months 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 falls against greenback amid China s growth reduction The value of the Canadian dollar slipped against its southerly rival on Monday after the host of the Loonie pulled down against greenback by economic data The value of the monetary unit of Canada slipped Thursday against the U S dollar as a consequence o Pound gains against euro falls against greenback The English pound climbed in value against the shared currency of the European Union on Tuesday but 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/Loonie-falls-against-greenback-amid-underwhelming-jobs-data.aspx (2012-12-22)
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  • Western Union Business Solutions - BNN: Previewing the ECB Meeting (video)
    Bank s September 7th meeting Watch video 5 49 Category Media Coverage 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 BNN Jobs and the Loonie video From BNN Joe Manimbo Market Analyst with Western Union Business Solutions in Washington speaks t From BNN Chinese Yuan Soars Video From BNN Ravi Bharadwaj Market Analyst with Western Union Business Solutions in Washington speak BNN The Close Currency Watch Video From BNN Sherif Gabriel Senior Corporate FX Trader at Western Union Business Solutions recently s 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 97 September 76 August 78 July 79 June 61 May 82 April 81 March 87 February 74 January 87 2011 December 84 November 82 October 78 September 70 August 57 July 76 June 77 May 58 April 47 March 65 February 46 January 54 2010 December 47 November 45 October 15 September 1 August 1 March 1 Corporate Solutions Outgoing Payments Incoming Payments Risk Management Industry Solutions Resource Centre Industry News Media Coverage Newsletters White

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/BNN-Previewing-the-ECB-Meeting-%28video%29.aspx (2012-12-22)
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  • Western Union Business Solutions - BNN: Jobs and the Loonie (video)
    part of the US Federal Reserve Watch video 5 47 Category Media Coverage 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 BNN The Close Loonie Catches Greenback video From BNN Ravi Bharadwaj Market Analyst at Western Union Business Solutions in Washington DC spea Jobs reports benefit the loonie A strong employment report issued by Canada pushed up the value of the Canadian dollar against the U Loonie falls against greenback amid underwhelming jobs data The value of the Canadian dollar dropped against its southerly rival on Friday dragged down by repo 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 97 September 76 August 78 July 79 June 61 May 82 April 81 March 87 February 74 January 87 2011 December 84 November 82 October 78 September 70 August 57 July 76 June 77 May 58 April 47 March 65 February 46 January 54 2010 December 47 November 45 October 15 September 1 August 1 March 1 Corporate Solutions Outgoing Payments Incoming Payments Risk Management Industry

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/BNN-Jobs-and-the-Loonie-%28video%29.aspx (2012-12-22)
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  • Western Union Business Solutions - Loonie gains against rivals as central bank boosts growth outlook
    Securities told The Canadian Press He said the probability of an interest rate hike by September is evenly split The Bank of Canada increased its economic growth outlook for the first quarter of this year boosting it to 2 5 percent from the original projection of 21 8 percent which was issued about 90 days ago Dow Jones Newswires reports the central bank remains apprehensive about additional damage that may be wrought by the sovereign debt crisis noting the recession afflicting the euro zone is likely to persist through the third quarter of the year The Bank of Canada also warned that the debt crisis has the potential to negatively impact the U S the globe s largest economy with whom Canada shares strong trade and commerce relations The heightened uncertainty around the global outlook has eased from very high levels but volatility can be expected to persist the Bank stated But Mark Carney governor of the central bank said overcoming the debt crisis is a matter best and most appropriately handled by officials in Europe according to Reuters The answer to the debt dilemma is not an increased amount of international bailout funds he said Solving the issues in Europe is not about a firewall it s about decisions that will be taken in Europe over a sustained period of time and it s European actions that will be decisive here as opposed to outside money the governor told a news conference in Washington prior to meetings of the Group of 20 leading economies and the International Monetary Fund according to Reuters 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 falls against rivals as central bank governor says he might reduce outlook The governor of the Bank of Canada pulled down the value of the Canadian dollar on Tuesday against r 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 Loonie climbs against greenback after central banks leaves interest rates at 1 percent The central bank of Canada keeping its interest rate at 1 percent on Tuesday prompted the nation s m 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

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Loonie-gains-against-rivals-as-central-bank-boosts-growth-outlook.aspx (2012-12-22)
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  • Western Union Business Solutions - Loonie gains from increased exports but housing remains of concern
    Canadian Press Although the housing starts data tend to be volatile month to month we expect to see a trend in softening starts through 2013 as a slowdown in secondary market activity weights on home building Urban regions of Canada saw single and multiple starts slow according to the Canada Mortgage and Housing Corporation Also minimizing gains for the loonie is widening concerns about the fiscal cliff in the U S The Canadian 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 Pound gains against euro falls against greenback The English pound climbed in value against the shared currency of the European Union on Tuesday but 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 Yen Gains Against Peers on Waning Concern Japan Will Intervene Euro Drops Bloomberg The Japanese yen surged against most other major currencies on November 9th as concerns 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 news FX Risk Management news GBP Germany Greece International Payments news Ireland Italy Japan JPY MXN New Zealand

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Loonie-gains-from-increased-exports-but-housing-remains-of-concern.aspx (2012-12-22)
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  • Western Union Business Solutions - Loonie notches lowest value versus greenback since January
    they thought instantly it was in a risk off mode Also pushing down the value of the loonie against the U S dollar was Prime Minister Stephen Harper saying the Canadian Fed is set to do what it takes to prevent the appreciation of the loonie G10 strategist Todd Elmer told The Financial Post that only one currency has performed more strongly than when held against the U S dollar when considering global foreign exchange and local markets 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 stoops to lowest value against greenback on first day of final quarter of 2011 The first trading session of the final quarter of 2011 saw the Canadian dollar touch its lowest valu Loonie notches top price against greenback since past September The Canadian dollar climbed to its top value in nearly seven months against its southerly rival on T Loonie loses value against greenback for first session in past three The value of the Canadian dollar edged down against the U S dollar on Tuesday one day after rallyin 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

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Loonie-notches-lowest-value-versus-greenback-since-January.aspx (2012-12-22)
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