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  • Western Union Business Solutions - Wall Street Journal: New Zealand Dollar Up Late Following Moves in Australian Dollar
    said Western Union Business Solutions Corporate Dealer Chris Hunter said the Australian dollar had moved higher following the minutes as they reaffirmed what was believed to be the RBA s view on things they still see some risk they still see a little bit of downside The Australian dollar rallied against the U S dollar and the New Zealand dollar followed suit moving slightly higher The currency ignored local data out from the Reserve Bank of New Zealand as global factors remain the primary drivers Read full article at Wall Street Journal 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 Wall Street Journal New Zealand Dollar Higher Late on QE3 Prospects Aussie Dollar Strength From Wall Street Journal The New Zealand dollar was trading higher late Friday getting a lift from The Wall Street Journal New Zealand Dollar Tad Higher Late Rangebound in Thin Trade From The Wall Street Journal WELLINGTON The New Zealand dollar remained largely rangebound in thi Wall Street Journal New Zealand Dollar Higher Late Market Waiting for Bernanke From Wall Street Journal WELLINGTON The New Zealand dollar was trading mostly higher after Austral 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

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Wall-Street-Journal-New-Zealand-Dollar-Up-Late-Following-Moves-in-Australian-Dollar.aspx (2012-12-22)
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  • Western Union Business Solutions - Euro Up On Europe Hope; Dollar at 1-Month High vs. Yen
    rescue fund critical to containing the region s debt crisis Slovakian lawmakers struck a deal to ratify a plan to bolster the European Financial Stability Facility EFSF by Friday a day after a junior party blocked its passage Investors also took comfort from German Chancellor Angela Merkel s comment that she was certain of full ratification of the bailout fund s expansion by the Oct 23 European Union summit 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 Canada Dollar down Slightly Vs US Dollar But Up Sharply Vs Yen Brendan McGrath of Western Union Business Solutions was recently quoted by the Wall Street Journal i Euro Edges Off a Near One Month High vs Dollar Reuters After climbing to a near one month high against the dollar apparently on investor confid Euro Edges Off a Near One Month High vs Dollar Reuters After climbing to a near one month high against the dollar apparently on investor confid 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

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Euro-Up-On-Europe-Hope3b-Dollar-at-1-Month-High-vs-Yen.aspx (2012-12-22)
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  • Western Union Business Solutions - News.com: Europe Has Never Been Cheaper: Dollar Hits an All-Time High
    to Europe was another reason for the high dollar We re politically strong Aussie bonds are the flavour of the month the RBA is not looking to cut rates any time soon and we have a higher interest yield compared to the rest of the world Whether the Aussie dollar s rise against the euro will continue is anybody s guess but it has never been cheaper to buy European goods or travel overseas as it is today Mr Greene said the dollar might head for the 0 85 euro cents mark as the market tends to psychologically go for a round number 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 Euro Up On Europe Hope Dollar at 1 Month High vs Yen Reuters As expectations permeated financial markets that Slovakia would eventually ratify the Europ Olympic Gold Dollar Hits 27 Year High Against Pound News com au The Australian dollar rose to its highest value against the British pound since 1985 on Wall Street Journal New Zealand Dollar Higher Late on QE3 Prospects Aussie Dollar Strength From Wall Street Journal The New Zealand dollar was trading higher late Friday getting a lift from 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

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Newscom-Europe-Has-Never-Been-Cheaper-Dollar-Hits-an-All-Time-High.aspx (2012-12-22)
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  • Western Union Business Solutions - Euro advances to six-week high against yen
    increases currency strategist Henrik Gullberg with Deutsche Bank AG in London told Bloomberg Given that Merkel was talking as well maybe that added credibility to indications of progress Thus far this week the euro climbed roughly 0 6 percent against the U S dollar while the yen has fallen 1 4 percent against the U S monetary unit Reuters reports the world s reserve currency pushed to its highest price in five weeks against the Japanese yen 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 advances against dollar yen as 17 nation finance ministers prepare for conference call Finance leaders of euro zone nations are set to conduct a conference call on Wednesday which helped Euro drives higher against yen as chiefs meet in Brussels The value of the shared currency of the European Union pushed to its top value in eight months again Euro remains near six week high against greenback The shared currency of the European Union approached its top value in six weeks against the U S dol 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/Euro-advances-to-six-week-high-against-yen.aspx (2012-12-22)
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  • Western Union Business Solutions - Bloomberg: Canadian Dollar Reaches Strongest Since May After Draghi Remarks
    the ECB for whatever reason fails to back up what Mr Draghi said today and his board members said yesterday you could see a general decrease in risk appetite which could weigh on the Canadian dollar Canada s currency nicknamed the loonie gained as much as 0 9 percent the most this month and advanced to C 1 0102 per U S dollar at 5 p m in Toronto touching the strongest since May 16 One Canadian dollar buys 99 01 cents 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 Loonie climbs to highest rate since early May against U S dollar The value of the Canadian dollar pushed to its highest rate in more than three months against the U Canadian dollar rises to its strongest in one week The Wall Street Journal reports that the Canadian dollar has risen to the strongest level it s been Canadian dollar rises against Australian New Zealand dollars Currencies competing with the Canadian dollar lost value Wednesday following news about increased Ju 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/Bloomberg-Canadian-Dollar-Reaches-Strongest-Since-May-After-Draghi-Remarks.aspx (2012-12-22)
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  • Western Union Business Solutions - Revlon's sales growth dented by currency effects
    revenue fell by 3 3 million in the fourth quarter compared to the same period in 2009 on a neutral currency basis Revlon s fourth quarter Latin American sales actually rose by 8 million Latin America only represents a sliver less than 10 percent of Revlon s total sales but the currency changes in the region were severe enough to occasion a currency related loss for the fourth quarter and the full year Revlon s plight illustrates the importance of understanding and managing currency risk exposure 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 Forthcoming euro zone bond sales spark anxiety in currency market The euro fell sharply against the dollar on January 7 as currency market participants fretted about Aptargroup sees sales impacted by currency changes Dispensing systems company Aptargroup Inc was negatively affected by currency swings in the fourth Ypsomed sees negative impact from currency effects Swiss injection systems manufacturer Ypsomed AG is struggling as the Swiss franc reaches new highs 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 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/Revlons-sales-growth-dented-by-currency-effects.aspx (2012-12-22)
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  • Western Union Business Solutions - Canadian dollar pinched by reduced growth in China
    dollar is a safer trade relative to competing monetary units that also are linked with tradables on the commodity comlex like the dollars of Australia and New Zealand The central bank of Canada is set to conduct an auction of three year notes on Wednesday amounting to 2 7 billion in Canadian currency The Canadian Press reports the loonie was feeling the pinch of slashed expectations for economic growth as issued this week by the International Monetary Fund 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 falls to U S dollar amid concerns about reduced growth The monetary unit of Australia dropped in value for a second consecutive day against the U S dollar Canadian dollar rises against Australian New Zealand dollars Currencies competing with the Canadian dollar lost value Wednesday following news about increased Ju Canadian dollar thrives on uplifting data from the U S China Positive economic data released by China and the U S drove the Canadian dollar higher against its c 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/Canadian-dollar-pinched-by-reduced-growth-in-China.aspx (2012-12-22)
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  • Western Union Business Solutions - Western Union sees significant increase in use of Chinese Renminbi for business payments by US firms
    desire by Chinese companies to receive payments in RMB 20 of the companies surveyed stated they added fees of on average three percent to their invoices to cover foreign exchange costs representing an estimated 2 4 billion cost to American businesses 1 Mr Nader concluded It s encouraging to see American businesses adapting to the new environment to gain a competitive edge in their negotiations and shave off some of the hidden costs they can incur when paying in the US dollar For more information or interviews please contact Jennifer Berlin Director Communications Western Union Business Solutions 44 207 426 4457 44 779 549 7129 jennifer berlin westernunion com John McInerney Makovsky 212 508 9628 646 291 7024 jmcinerney makovsky com Notes to Editors About Western Union Business Solutions Western Union Business Solutions enables companies of all sizes to send and receive international payments and manage foreign exchange creating unique solutions tailored to suit their FX needs Western Union is a leading nonbank provider of business payments operating its Business Solutions services through locally licensed affiliates and partners in 28 countries Supported by a network of trading offices strategic banking relationships and a proprietary global clearing network businesses can send cross border payments in more than 135 currencies including RMB Customers are able to make RMB spot transactions and forward payments and manage Renminbi denominated holding accounts Western Union Business Solutions provides services in the US through Custom House USA Limited and Travelex Global Business Payments Inc Travelex is a registered trademark of Travellers Exchange Corporation Limited and is used by Travelex Global Business Payments Limited and its affiliates including Travelex Global Business Payments Inc under license For more information visit http business westernunion com About Western Union The Western Union Company NYSE WU is a leader in global payment services Together with its Vigo Orlandi Valuta Pago Facil and Western Union Business Solutions branded payment services Western Union provides consumers and businesses with fast reliable and convenient ways to send and receive money around the world to send payments and to purchase money orders As of June 30 2012 the Western Union Vigo and Orlandi Valuta branded services were offered through a combined network of approximately 510 000 agent locations in 200 countries and territories In 2011 The Western Union Company completed 226 million consumer to consumer transactions worldwide moving 81 billion of principal between consumers and 425 million business payments For more information visit www westernunion com 1 Research conducted by Western Union Business Solutions found that one in five Chinese exporters added an average of three per cent in fees or surcharges to account for FX risk associated with receiving USD payments Based on the U S Census Bureau figures for 2011 there was 399 billion worth of merchandise imports from China into the United States On this basis the value of FX related fees charged by Chinese exporters is approximately 2 4 billion or three per cent of the value of one fifth of the United

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Western-Union-sees-significant-increase-in-use-of-Chinese-Renminbi-for-business-payments-by-US-firms.aspx (2012-12-22)
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