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  • Western Union Business Solutions - Restrict the debt scourge to Greece and elsewhere in Europe, Canadian finance minister says
    about that Everybody s concerned about that so we want to make sure the situation s contained The New York Times reports Prime Minister George Papandreou who stared down a no confidence vote on Tuesday night had to appoint someone outside his own political party as finance minister Evangelos Venizelos who was appointed last week is a political archrival according to the newspaper Greece is perfectly capable of fulfilling obligations outlined by the International Monetary Fund and the European Union according to a speech by Evangelos Venizelos on Tuesday night 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 should be cushioned against QE3 finance minister says The monetary unit of Latin America s largest economy will remain strong on foreign exchange markets Europe will survive the debt scourge ECB chief says Member nations of the European Union will succeed at surmounting the sovereign debt crisis because o Euro zone finance leader takes to airwaves for Greece s sake Both investors and central bankers must voluntarily demonstrate support for the rescue of Greece s b 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

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Restrict-the-debt-scourge-to-Greece-and-elsewhere-in-Europe-Canadian-finance-minister-says.aspx (2012-12-22)
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  • Western Union Business Solutions - Gold prices ebb and flow
    50 lift to 1 620 90 per troy ounce Bloomberg reports climbs for the yellowish metal are attributable to an unexpected increase in applications for unemployment benefits which further demonstrate an economy that is laboriously chugging along Jobless claims grew by 6 000 after analysts predicted decreases of 375 000 which pushed the precious metal to its highest price in one week Action by the Federal Reserve reduces the value of the U S dollar which pushes up the price of gold Thus discussion or even conjecture about the central bank intervening pushes up bullion The expectations of the Fed doing something grew after the current account data and the jobless data point toward some slowdown market strategist Adam Klopfenstein with Archer Financial Services Inc in Chicago told Bloomberg People are looking to position themselves in gold as the uncertainties around are growing The speculation about the U S Federal Reserve preparing to act comes as the body is set to convene two days of meetings early next week A bullish performance on Thursday would mark a fifth straight uplifting session for bullion the longest winning streak for gold since the end of October of last year During the Thursday trade session the precious metal achieved a price of 1 629 per troy ounce the highest value in one week The Archer Financial market strategist also pointed to authorities across the Atlantic Ocean as another factor pressing on the price of gold People are also expecting some kind of coordinated effort in Europe Klopfenstein told Bloomberg As Greek voters prepare to cast ballots on Sunday the Aegean country s membership in the 17 nation bloc is weighing in the balance The two time recipient of international aid since June 2010 is in peril of defaulting on financial obligations which not only would upset markets but also serve as a factor in decision makers interest in keeping the nation among the euro zone The price of gold lost value after a European Central Bank official said the financial institution should block demands that it widen the scope of its charge according t o The Wall Street Journal Member Jens Weidmann with the governing council said the ECB must help prevent increasing inflation but it also should stick to its task of preserving price stability He also is president of the central bank of Germany host of the largest economy of 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 Gold prices spike as stimulus talk grows Conjecture about the central bank of the U S potentially preparing to provide stimulus to the econo 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 Fed minutes from June meeting pull down gold

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Gold-prices-ebb-and-flow.aspx (2012-12-22)
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  • Western Union Business Solutions - Italy's new prime minister sworn in
    and international authorities Monti told reporters Wednesday morning Bloomberg reports I hope this translates into a calming of the markets especially regarding the tensions facing our country The BBC reports Monti tapped a banker to oversee the ministry of development infrastructure and transport As host of the euro zone s third largest economy Italy is facing a daunting situation Many believe the nation s economy trailing only those of Germany and France is too large to be satisfied by a 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 Yen s strength a key issue prime minister says Officials in Japan are fully prepared to confront out of the ordinary advances for the nation s mone Italian prime minister discusses vulnerable euro zone The 17 nation euro zone is prone to disintegration should no stronger efforts ensue to reduce borrow Aussie kiwi slide after luster of new prime ministers wanes The value of the South Pacific monetary units fell Monday when compared to the U S dollar after an 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/Italys-new-prime-minister-sworn-in.aspx (2012-12-22)
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  • Western Union Business Solutions - Kiwi, Aussie perform strongly against greenback
    be positive for risk institutional dealer Chris Weston with IG Markets in Melbourne told Bloomberg The Aussies gained 0 4 percent against the greenback while the kiwi advanced 0 23 percent The kiwi also edged up 0 1 percent against the Japanese yen Mike Burrowes market strategist with Bank of New Zealand told the New Zealand Herald that the kiwi was likely to remain within a certain scope in anticipation of activity in the euro zone germane to 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 Aussie Kiwi perform bullishly against greenback South Pacific currencies rallied on Thursday against the world s reserve currency and the Japanese y Aussie Kiwi perform strongly against Japanese yen South Pacific currencies increased Wednesday against the Japanese yen tracking the upward drive of Hong Kong dollar performs strongly against greenback The monetary unit of Hong Kong gained in value against the U S dollar for a second consecutive sess 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

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Kiwi-Aussie-perform-strongly-against-greenback-.aspx (2012-12-22)
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  • Western Union Business Solutions - Aussie, Kiwi slip as Italy's debt damage emerges
    and kiwi will be trading poorly Silvio Berlusconi prime minister of Italy is under intensifying pressure to leave office as the country s 10 year borrowing fees rose to 6 7 percent nearing the 7 percent threshold that Greece Ireland and Portugal each reached prior to pursuing international bailout aid The Sydney Morning Herald reports Italy hosts the euro region s third largest economy yet the biggest market for government bonds which could pose a danger for its financial stability 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 impacted by debt crisis South Pacific monetary units were driving toward a third consecutive session of losses amid concerns Aussie Kiwi slip as Fed policy makers prepare to convene South Pacific monetary units lost value against the world s reserve currency 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 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/Aussie-Kiwi-slip-as-Italys-debt-damage-emerges.aspx (2012-12-22)
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  • Western Union Business Solutions - Euro drops against the dollar as Spanish bond yields climb
    have some Spanish issuance this week head of currency strategy Jeremy Stretch with Canadian Imperial Bank of Commerce in London told Bloomberg The path of least resistance is still lower and we re probably looking for euro yen to lead the way in that regard A Spanish minister asked the European Central Bank to step forward and prevent the debt scourge from causing damage Reuters reports 10 year Spanish government bond yields exceeded 6 percent on Monday marking the first time this year yields have pushed past that troubling threshold 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 Dollar climbs against rivals amid PMI drops in China Europe The value of the world s reserve currency climbed on Thursday against most of its counterpart curren Euro climbs against dollar following strong Italian bond sale The value of the shared currency of the European Union climbed against its southerly rival on Monday 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

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Euro-drops-against-the-dollar-as-Spanish-bond-yields-climb.aspx (2012-12-22)
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  • Western Union Business Solutions - Gold prices edge higher as Fed prepares to release minutes
    and towards 1 620 analyst Robin Bhar with Societe General told Reuters There is a lot of hesitation on the part of the investor because gold is continuing to underpeform for the obvious reasons and I don t see that changing in the near future At 10 08 a m on Wednesday gold prices edged down 0 02 percent a 30 cent loss to 1 579 50 per troy ounce The Wall Street Journal reports some investors anticipate a price hike for the yellowish metal once the Fed minutes are released 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 investors await release of Fed minutes Uplifting economic news from the U S pulled down the price of gold on Tuesday Fed minutes from June meeting pull down gold prices Gold prices were driving down on Thursday in the aftermath of indications that the central bank of t 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 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/Gold-prices-edge-higher-as-Fed-prepares-to-release-minutes.aspx (2012-12-22)
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  • Western Union Business Solutions - Gold prices dive
    and conditions of its austerity program Germany host of the euro zone s largest economy and thus the strongest voice in the region for topics economical and financial sustained the economy of the euro zone earlier this year when the threat of recession was looming However France host of the second largest economy in the euro zone has seen stagnation while the nations of Southern Europe have seen contraction While the common currency of the European Union has encountered numerous challenges the U S dollar has performed more strongly Dow Jones Newswires reports One strategist emphasized the attractiveness of the world s reserve currency Everyone s jumping into the dollar market strategist Adam Klopfenstein with Archer Financial Services told Dow Jones Newswires If people need to flip to another asset class it s a lot easier to do that with currencies than tangible goods like gold The Dollar Index a gauge that measures the value of the U S dollar against six competing currencies rose to its highest rate since the middle of this past January Bloomberg reports the U S dollar has gained 2 3 percent of its value thus far in the month of May as of Monday People want to move to cash because of the Greek political impasse market analyst Sterling Smith with Country Hedging in Minnesota told Bloomberg The dollar s strength continues to hurt gold But as the price of gold drops some buyers see it as a chance to move in a acquire good deals on the investment During the past 11 trading sessions the price of gold has dropped in nine of them One analyst pointed to strengthening demand for the yellowish metal coming from the Far East There is sustained and strong physical buying coming into the market from the Far East analyst Marc Ground with Standard Bank told the news source Buyers have been emerging to purchase the yellowish metal in the various nations a dealer in Singapore told Reuters Jewellers have been buying a lot At the moment supply is a bit tight for immediate delivery the physical dealer told Reuters Refiners can t deliver immediate gold because there s a sudden surge in demand We re seeing demand from India Thailand and Indonesia 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 dive amid euro zone election fallout Gold futures plunged more than 40 in value on Tuesday pulled down by the emboldened U S dollar as Gold prices dive in fallout of FOMC decision The price of gold was losing value on Thursday in as the U S dollar strengthened Gold prices spike as stimulus talk grows Conjecture about the central bank of the U S potentially preparing to provide stimulus to the econo Industry News 1486 Media Coverage 305 News Releases 24

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Gold-prices-dive-yet-open-opportunity-for-purchasing.aspx (2012-12-22)
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