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  • Western Union Business Solutions - Mexican peso drops against greenback
    U S which hosts the world s largest economy Large amounts of exports from Mexico end up in the U S But trading on Friday is not so heavy one trader told the news source For that reason next week will more clearly indicate the impact of the figures released by the U S Department of Labor The Associated Press reports the reason why the unemployment rate fell is a larger number of Americans stopped looking for jobs 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 Mexican peso falls against greenback amid concerns for Chinese economy The value of Latin America s most traded currency dropped against the world s reserve currency on Tu Peso drops against greenback for second consecutive session The value of Latin America s most traded currency fell against the world s reserve currency on Thurs Peso benefits against greenback from industrial data U S industrial data from October exceeding anticipations pushed up the value of the Mexican peso wh 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/Mexican-peso-drops-against-greenback.aspx (2012-12-22)
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  • Western Union Business Solutions - Rough economic road ahead for euro zone, EU leader says
    told reporters in Brussels on Thursday Prospects have worsened and risks to the growth outlook do remain but there are signs of stabilization Analysts investors and additional observers have been fearful of additional nations being snared by the debt crisis with an emphasis on Spain and Italy Their contractions are projected to be 1 and 1 3 percent respectively Dow Jones Newswires reports Rehn also noted countries in the euro zone should adhere to fiscal consolidation programs despite the imminent recession 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 zone leaders advocate for Greece European Union Leaders in Europe must merge efforts to counter the ill effects of the sovereign debt crisis by esta Euro zone leaders must act now Obama says Leaders in Europe are under a compulsion to step forward and act to preserve regional economic secur Euro climbs as leaders work toward keeping Greece among the euro zone The value of the shared currency of the European Union advanced against the world s reserve currency 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

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Rough-economic-road-ahead-for-euro-zone-EU-leader-says.aspx (2012-12-22)
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  • Western Union Business Solutions - Rand's fourth day of climbs boosted by German economic data
    dropping we could see more recovery for emerging market currencies economist George Glynos with ETM Analytics told Bloomberg Generally speaking the dollar is due a correction Thus far this month the value of South Africa s moneypiece has dropped 3 1 percent The rand s losses of 21 percent this year have distinguished it as the worst performing monetary units when considering a lot of at least 20 emerging market currencies The gains of the rand are expected to be ephemeral due to the sovereign debt scourge according to Reuters The nation s government bonds also gained in value amid the backdrop of the voracious aggressive sovereign debt scourge that has brought three nations to its knees and threatens the economic livelihood of additional nations Thus far Portugal Ireland and Greece have accepted bailouts to rescue their debt hobbled banks public finance systems and markets that have been victimized by the two year old debt crisis Italy and Spain have seen yields on government bonds flirt with the 7 percent figure that prompted Portugal Ireland and Greece to solicit bailouts but Italy and Spain are battling through the tumult Euro zone finance ministers convened a teleconference on Monday to discuss boosting the International Monetary Fund with an additional 150 billion worth of euros for use of nations suffering from the debt scourge Yet still South Africa s monetary unit is poised to round out a year of losses The rand will struggle to rally back to levels more in line with South African fundamentals whilst a major credit crunch is unfolding abroad states a client note penned by Tradition Analytics according to Reuters It is safe to say that the credit crunch is elevating risk and withdrawing liquidity from emerging markets whose currencies would otherwise be trading at far stronger levels than is the case at the moment Losses to the rand have been especially pronounced during the second half of this year due to deepening concerns about the breadth of the debt crisis The strong show of the euro pushed up the rand on Tuesday yet Business Report indicates that lift was small in size yet one trader told the publication the rise was slight and believed to be short lived I think the rand has boosted the market somewhat there doesn t seem to be any other drivers the trader told Business Reporter On the whole volumes are thin many players are away so it s very quiet 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 Canadian dollar climbs from U S German economic data The value of the monetary unit of Canada increased Tuesday against the U S dollar after economic da Euro climbs with push from German data The value of the shared currency of the European Union gained against the world s

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Rands-fourth-day-of-climbs-boosted-by-German-economic-data.aspx (2012-12-22)
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  • Western Union Business Solutions - Job report fuels commodities-linked currencies and optimism on U.S. economy
    although we clearly have more work to do These positive U S labor signs caused the dollar to rally against the yen and risk heavy currencies those who are closely connected to commodities experienced increases reported Bloomberg In particular the Australian and New Zealand dollars and Brazil s real went positive versus the dollar The euro was also up against the dollar before the jobs update and continued to rise after the announcement stated Dow Jones 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 Kiwi push higher in aftermath of stronger U S jobs report The value of the monetary unit of Australia pushed toward its highest level in 120 days on Monday as Aussie climbs against dollar as U S labor report set for release The value of the monetary unit of Australia pushed to its top rate in more than four weeks against t 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 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

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Job-report-fuels-commodities-linked-currencies-and-optimism-on-US-economy.aspx (2012-12-22)
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  • Western Union Business Solutions - Japan's aftershocks ripple through global economy
    the impact travelled outward from the Japanese economy and the foreign exchange markets went through yet another period of wrenching adjustment This points to the need for effective currency risk management practices Read full article 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 Rand climbs against greenback amid uplifting news for global economy The value of the monetary unit of the largest economy on the African continent climbed to its highes Central bank intervention bad for global economy Rogoff Central banks around the world are intervening in the currency market but Harvard University econ Japan s motive for declining a stimulus program increase linked to strengthening domestic economy The progressively growing economy of Japan dwarfed dangers presented by the voracious sovereign debt 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

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Japans-aftershocks-ripple-through-global-economy.aspx (2012-12-22)
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  • Western Union Business Solutions - Euro rides three-day bearish streak against yen
    Paul Robson with Royal Bank of Scotland Group in London told Bloomberg The U S payroll number will give quite a lot of guidance about market expectations about quantitative easing Thus far this week the euro has lost about 2 3 percent of its value against the U S dollar the sharpest weekly loss since December 16 The euro was at its five week low against the U S dollar on Friday 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 European bank auctions off bills euro at 10 year low against yen The European Central Bank lent a record setting amount of money to regional banks today in order to 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 Yen climbs against rival currencies as pivotal European elections await The value of the Japanese yen advanced against its top rival currencies on Friday as the Pacific Rim 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-rides-three-day-bearish-streak-against-yen.aspx (2012-12-22)
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  • Western Union Business Solutions - Euro plunges toward fifth-straight weekly loss to greenback
    market has almost fully priced in a recession in Europe The question is how deep and how prolonged that will be Spain and Italy two euro zone nations that have seen bond yields climb to high levels are set to sell additional debt next week Borrowing costs in France host of the second biggest economy in the euro zone increased during a Thursday auction Reuters reports the euro was driving toward its lowest value in 16 months when compared with the British pound 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 Real drives toward weekly loss against greenback The value of the monetary unit of Latin America s largest economy was driving toward its first weekl Peso plunges toward a fifth straight week of losses against greenback The value of Latin America s most traded currency pushed toward its fifth consecutive week of losses 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 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-plunges-toward-fifth-straight-weekly-loss-to-greenback.aspx (2012-12-22)
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  • Western Union Business Solutions - Loonie surges after ECB slashes interest rates
    Scotia in Toronto told the news source That s somewhat supportive of growth and also important for growth are commodity currencies like Australia and Canada The loonie was up 1 1 percent against the euro shortly after noon representing its highest value since June 2010 So too did the People s Bank of China slash interest rates The Canadian Press reports The bank of England kicked off another phase of quantitative easing 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 falls after ECB leaves interest rates intact The common currency of the European Union dropped in value after the European Central Bank opted to Loonie falls as central bank repeats need to increase interest rates The value of the monetary unit of Canada dropped Wednesday as the central bank emphasized the need t 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 Portugal Spain

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Loonie-surges-after-ECB-slashes-interest-rates.aspx (2012-12-22)
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