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  • Western Union Business Solutions - Dollar gains against euro following fed chief testimony
    they will act if things deteriorate further In other words they are there if needed but they don t feel they are needed yet Strategies to spur the economy typically draw down the value of the U S dollar so no commentary about those methods from Bernanke while under oath before congress boosts the monetary unit s rate against rival currencies But Bernanke also noted that the sovereign debt crisis in the euro zone poses significant threats to the U S economy according to Bloomberg 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 gains against dollar as Bernanke testimony kicks off The shared currency of the European Union edged up in value on Tuesday amid conjecture that the U S Euro climbs against dollar following strong economic data The value of the shared currency of the European Union notched its top value in seven days against t 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 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/Dollar-gains-against-euro-following-fed-chief-testimony.aspx (2012-12-22)
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  • Western Union Business Solutions - Bernanke to Democratic senators: U.S. barreling toward 'fiscal cliff'
    Durbin Illinois Democrat told Bloomberg The sooner we can resolve these issues the more likely we are to give confidence to consumers and investors across America Warning about perils to growth has been a topic Bernanke previously has discussed due to tax cuts expiring and notable spending at the federal level Politico reports the Fed chief warned the Democrats at a Thursday lunch that the U S is hurtling toward a fiscal cliff attendees told the news source 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 Business activity expands in U S European recession could stall U S demand for U S exports The December forecast for business activity expansion was more than forecast which suggests America Russian premier opines on U S economic policy Do as we say not as we do and you ll be fine doesn t work for Russian Prime Minister Vladimir Putin Euro climbs as U S leaders work toward end of year pact Conjecture about the U S being able to avoid 600 billion plus in spending cuts and tax increases n 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

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Bernanke-to-Democratic-senators-US-barreling-toward-fiscal-cliff.aspx (2012-12-22)
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  • Western Union Business Solutions - Three FOMC members disinclined toward more easing
    Fed s target While in California on Tuesday Williams said that the economy s development will be moderate over the next several years Lockhart told CNBC that right now is not the right time for additional monetary policy accommodation The first quarter of the year saw growth at 2 2 percent in the globe s largest economy after having registered at 3 percent during the prior quarter the U S Department of Commerce said last week 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 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 Gold prices regress toward 1 6k The price of gold was driving lower on Thursday plunging back toward the milestone price of 1 600 Gold prices push toward 1 6k Increased demand pushed up the price of gold on Monday as bullion reversed three consecutive days of 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

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Three-FOMC-members-disinclined-toward-more-easing.aspx (2012-12-22)
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  • Western Union Business Solutions - FOMC predicts U.S. economic growth to gradually pick up
    when the meeting adjourned on Wednesday Despite some signs of improvement the housing sector remains depressed The body noted the nation s unemployment rate is not falling as quickly as it would prefer and that interest rates will stay low through much of 2014 The Associated Press reports the U S Federal Reserve forecasts the nation s economy to develop as much as 2 9 percent for the remainder of this year In January the Fed s prediction climbed as high as 2 7 percent 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 Russian premier opines on U S economic policy Do as we say not as we do and you ll be fine doesn t work for Russian Prime Minister Vladimir Putin Aussie Kiwi climb amid strong U S economic data South Pacific currencies achieved their highest values in 12 weeks against the world s reserve curre Mexican Canadian leaders to meet with President Obama to discuss economic issues The three leaders of the North American continent s nations are meeting at the White House 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

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/FOMC-predicts-US-economic-growth-to-gradually-pick-up.aspx (2012-12-22)
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  • Western Union Business Solutions - Gold prices drive higher as dollar softens
    51 a m on Thursday the price of gold increase 0 72 percent an 11 60 lift to 1 625 70 per troy ounce Bloomberg reports traders and investors are bearish on the yellowish metal for the first time this year for two primary reasons the central bank of the U S indicated it has no immediate plans to implement monetary easing to spur the world s largest economy and Indian jewelers will close operations as a demonstration against a new tariff on imports of the yellowish metal 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 dollar gains Gains to the globe s largest economy and the world s reserve currency helped drive the price of gold Dollar dominance drives down gold The price of gold has suffered the consequences of a strengthening dollar that Fed policy makers wil Dollar weakens as gold prices soar After the euro managed to recover against the dollar on Tuesday morning gold prices rose by nearly 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/Gold-prices-drive-higher-as-dollar-softens.aspx (2012-12-22)
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  • Western Union Business Solutions - Stimulus unlikely anytime soon, March FOMC minutes indicate
    is gaining because the market is correct to price out some of the expectation of additional QE that they have been busy pricing in currency strategy head Ray Attrill with BNP Paribas in New York told Bloomberg Those that were looking for any kind of strong signal that additional QE is more likely than not are being significantly disappointed The Wall Street Journal reports stocks were in sell off mode on Tuesday afternoon as a consequence of the FOMC stopping short of implementing other forms of stimulating the economy 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 Fed committee debated QE3 as QE2 was wrapping up minutes indicate U S Federal Reserve policy makers disagreed as to whether the nation needed a third round of asset Loonie impacted by FOMC prolonging stimulus The value of the Canadian dollar climbed from its session low on Wednesday against its southerly riv Gold bugs anticipate climbs from stimulus The price of gold was heading toward a weekly gain on Friday as China is forecast to move more quick 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/Stimulus-unlikely-anytime-soon-March-FOMC-minutes-indicate.aspx (2012-12-22)
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  • Western Union Business Solutions - Greenback cuts into losses as fiscal cliff negotiations continue
    exchange We re going to get conflicting comments with a deal eventually getting done which would be positive for risk USA Today reports Boehner noted his disappointment during the past several weeks saying no substantive progress has occurred between the White House and the U S House of Representatives The Ohio Republican is on the forefront of negotiations with President Obama But he said recent conversations haven t been entirely propitious akin to Thursday conversations with U S Treasury Secretary Timothy Geithner 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 s losses against greenback continue Spain falling under the duress of the sovereign debt crisis contributed to the monetary unit of Cana 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 Loonie climbs against dollar as U S leaders indicate fiscal cliff negotiation progress The value of the Canadian dollar climbed from its one week low on Monday against the U S dollar aft 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/Greenback-cuts-into-losses-as-fiscal-cliff-negotiations-continue.aspx (2012-12-22)
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  • Western Union Business Solutions - Obama re-election tugs down dollar
    negotiations with the Republicans to stop us going over the fiscal cliff might be a bit easier senior foreign exchange strategist Paul Robson with Royal Bank of Scotland Group Plc in London told the news source The president captured the key battleground states of Colorado Ohio and Virginia but Florida results remained unclear Nonetheless President Obama s carried well more than the required 270 Electoral College votes to return him to 1600 Pennsylvania Avenue Reuters reports that slippage is likely to be short lived as inflows will resume for the haven of the world s reserve currency 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 benefits from re election of Obama The Australian dollar gained in value Wednesday against the world s reserve currency pushed up by t 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 New Zealand dollar rose amid Obama speech and China inflation report New Zealand s dollar increased against most of its peers after U S President Barack Obama proposed 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/Obama-re-election-tugs-down-dollar.aspx (2012-12-22)
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