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  • Western Union Business Solutions - Loonie notches top price against greenback since past September
    the loonie gain 0 8 percent distinguishing itself as the best performing of 10 currencies monitored by the news service The monetary unit climbed to its highest rate against the world s reserve currency since mid September of last year Dow Jones Newswires reports Ben Bernanke the U S counterpart to Carney said on Wednesday that the institution he leads is prepared to enact economy spurring measures The two nations share a strong trade and commerce relationship 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 Loonie notches lowest value versus greenback since January The announcement that the U S Federal Reserve will acquire longer term debt dropped the Canadian do Yen touches top price against dollar since end of WWII The Japanese yen achieved its highest value against the U S dollar on Tuesday since the end of the 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/Loonie-notches-top-price-against-greenback-since-past-September.aspx (2012-12-22)
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  • Western Union Business Solutions - Loonie nears seven-week high against the greenback
    the news source We like Canada both against the U S dollar and selectively on the crosses Among Group of Seven nations Canada trails only Germany for most rapidly growing gross domestic product Speculation is mounting that Canada is likely to be the first G 7 nation to hike interest rates Reuters reports the loonie benefited from uplifting economic data such as U S corporate earnings and indications of investor sentiment growing more favorable regarding the sovereign debt crisis in 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 Loonie pushes to 90 day high against greenback The monetary unit of Canada was near three month highs against the world s reserve currency on Monda Loonie pushes toward recent highs against greenback The value of the Canadian dollar was pressing toward its recent highs against the world s reserve cu Loonie drives toward 10 week high against greenback The value of the Canadian dollar pushed close to its highest level in 10 weeks against its southerly 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-nears-seven-week-high-against-the-greenback.aspx (2012-12-22)
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  • Western Union Business Solutions - Canadian dollar climbs against greenback but gains tempered by economic data
    scheduled to wrap up on Wednesday when commentary from the body s leader is anticipated Ben Bernanke chair of the U S Federal Reserve is likely to conduct a news conference following adjournment of the meeting and ears will be listening for clues as to whether an additional round of monetary easing is in the offing Investors also will be keen on listening for signals about the Fed s plan for interest rates though policy makers have indicated they intend to keep them low through the end of 2013 Bloomberg indicated gains for the loonie were partially attributable to the rising price of crude oil futures as the energy commodity is the top export of the natural resources rich nation Additional economic growth and enhanced inflation is likely to prompt the Bank of Canada to ponder hiking its own interest rates higher The loonie was driving toward gains of roughly 0 9 percent against the U S dollar for the month of April Head of European currency strategy Geoff Kendrick told Bloomberg that scrutiny is likely to focus on increased growth in the nation Thus far this month the loonie trailed only the Japanese yen as far as performance is concerned which Bloomberg attributes to conjecture about Canada emerging as the sole country of Group of Seven nations to boost interest rates this year Interest rates in Canada have remained at 1 percent for about 18 months while Bank of Canada governor Mark Carney weighs how the sovereign debt crisis is impacting the economy of the nation he serves Both Carney and Tiff Macklem senior deputy governor were slated to appear before the Standing Committee of Finance with Canada s House of Commons Dow Jones Newswires noted the retail sales economic data from February was not anticipated Not since July of last year had that metric dropped which was due to sales figures for new cars falling sharply Also in peril is the first quarter growth figures issued by the Bank of Canada which amount to 2 5 percent The low sales volume figure might pull down the nation s gross domestic product from February which the nation is set to release early next week But nonetheless the nation s currency was demonstrating a strong performance as compared to rival currencies among Group of 10 nations The loonie was benefiting from market sentiment growing stronger 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 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 Canadian dollar s losses against greenback continue Spain falling under

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Canadian-dollar-climbs-against-greenback-but-gains-tempered-by-economic-data.aspx (2012-12-22)
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  • Western Union Business Solutions - Euro benefits against yen from strong Dutch debt auction
    mindful of the BOJ meeting at the end of the week which is stopping them from going too much into the yen Despite the strong debt auction the government of the Netherlands is on the brink of collapse according t o Reuters The Dutch uneasiness and the increasingly likelihood that France owner of the bloc s second largest economy will vote out its incumbent leader are pinching the value of the 17 nation monetary unit 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 Slump of euro holds off amid strong debt auction in Spain The shared currency of the European Union stayed slightly higher than its lowest value in 11 months 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-benefits-against-yen-from-strong-Dutch-debt-auction.aspx (2012-12-22)
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  • Western Union Business Solutions - Sarkozy, Hollande battle for French presidency
    with Berenberg Bank in London told Bloomberg But it also entails a risk that he could pander to right wing sentiment on European issues in the next two weeks Stronger calls for a growth mandate for the ECB and the like may not go down well in Berlin and Frankfurt Reuters reports the ECB might relax monetary policy later this year amid a grayer economic outlook and possibilities that the sovereign debt crisis is deepening 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 German French leaders speak of desire to aggressively tackle debt scourge as developing markets vulnerability weighed Angela Merkel and Nicolas Sarkozy the leaders of the two top economies in the debt infected euro zo Lagarde reportedly endorsed by China for IMF French minister says French finance minister Christine Lagarde reportedly will enjoy the support of China should she opt U S dollar dips against euro amid news of German French pact Tuesday saw the U S dollar dive in value against the shared currency of the European Union 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/Sarkozy-Hollande-battle-for-French-presidency.aspx (2012-12-22)
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  • Western Union Business Solutions - Loonie to be impacted by Canada's retail sales report due out Tuesday
    in Canada and as a result a higher floor for the Canadian dollar The nation hosting the globe s 10th largest economy will see growth of 2 5 percent annualized during the second quarter the Bank of Canada said last week That forecast is up from the 1 8 percent projection issued in January The likelihood of the central bank increasing the interest rate by 25 basis points by December is 90 percent according to market estimates published by the Montreal Gazette 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 appreciates against greenback after strong retail sales report The monetary unit of the largest economy of Latin America gained against the U S dollar on Friday a Canada s loonie gains after September inflation report surpasses forecasts Canada s currency gained on October 20 after a report indicating higher than expected September infl Retail report causes U S dollar to drop Economists were relieved to find that the U S retail sales report by the Commerce Department found 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/Loonie-to-be-impacted-by-Canadas-retail-sales-report-due-out-Tuesday.aspx (2012-12-22)
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  • Western Union Business Solutions - Euro pinched by worries about widening debt scourge
    the week for the euro with German PMI numbers adding to the worries stemming from the political risk factors head of currency strategy Jeremy Stretch with CIBC World Markets told Reuters Losses to the euro were minimally tempered by commitments to double the size of the war chest of the International Monetary Fund to fight the debt scourge Bloomberg reports the euro s drop on Monday against the Japanese yen was the monetary unit s first losses to the Pacific Rim currency in five days 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 Spain becoming flashpoint of debt scourge as euro swoons Government bonds of two euro zone nation s long rumored to be on the cusp of being snared by the tal Euro s slide continues as debt worries mount Concerns about the euro zone s debt problems sent investors fleeing from the common currency Monday Euro falls as Italy emerges as debt scourge flashpoint The common currency of the European Union dropped in value on Monday against the U S dollar and the 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/Euro-pinched-by-worries-about-widening-debt-scourge.aspx (2012-12-22)
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  • Western Union Business Solutions - Dollar declines amid European bailout fund progress
    against the Japanese yen European officials increased the combined limit on lending for the two funds to 700 billion euros from the previous cap of 500 billion euros according to Reuters The current overall ceiling for ESM EFSF lending will be raised to 700 billion euros regional finance ministers said in a statement after holding a meeting in Copenhagen the media outlet reports All together the euro area is mobilizing an overall firewall of approximately 800 billion euros more than 1 trillion dollars 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 Dollar drops amid European debt woes The U S dollar declined against various currencies on March 29 as markets reacted to rising bond y Dollar rises amid euro zone funding problems The U S dollar rose against various currencies on February 27 as market participants responded to Dollar suffers due to poor labor market loose Fed policy and European bailout With payroll service company ADP reporting lower than projected U S jobs growth the dollar decline 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/Dollar-declines-amid-European-bailout-fund-progress-.aspx (2012-12-22)
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