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  • Western Union Business Solutions - Dollar Breaks November's Steady Sell-Off
    and New Zealand currencies received a boost early in the day after Turin daily La Stampa citing IMF sources reported that the IMF was extending a 400 billion 541bn to 600bn credit line to Italy However both currencies immediately lost ground later after Dow Jones Newswires reported that the La Stampa report wasn t credible citing people familiar with ongoing international discussions on the debt crisis 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 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 Canadian dollar rises against Australian New Zealand dollars Currencies competing with the Canadian dollar lost value Wednesday following news about increased Ju Wall Street Journal New Zealand Dollar Up Late Following Moves in Australian Dollar From Wall Street Journal The New Zealand dollar was trading slightly higher Tuesday against the gr 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

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Dollar-Breaks-Novembers-Steady-Sell-Off.aspx (2012-12-22)
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  • Western Union Business Solutions - Shared currency drives higher amid regional meetings
    on how the response is to these auctions On October 27 the common currency of the European Union was at 1 4248 against the U S dollar according to Reuters But this past Friday the moneypiece had plunged to 1 3213 Tuesday will see a meeting of euro zone finance ministers while the European Union is preparing to convene on Friday of next week Germany and France the respective largest and second largest euro zone economies were devising strategies of deepening euro zone nations fiscal integration 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 drives higher amid positive German data The value of the shared currency of the European Union rose against two rival monetary units on Thur Rand drives higher amid progress in euro zone South Africa s currency gained in value Monday against the U S dollar marking the second consecuti Dollar drives higher amid debt crisis pull on euro Friday saw the world s reserve currency continue climbing against its 17 nation rival as the greenba 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

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Shared-currency-drives-higher-amid-regional-meetings.aspx (2012-12-22)
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  • Western Union Business Solutions - FOREX - Euro Slumps vs Dollar, Heads for 4th Weekly Drop
    sustainable The rise in borrowing costs came even as the European Central Bank bought bonds in the secondary market Signs the euro zone debt crisis was threatening the region s biggest economies such as France and Germany have raised fears of a breakup of the currency bloc Policymakers remained in disagreement over how to resolve the crisis with Germany opposed to joint euro zone bonds and a bigger role for the ECB Read full article Category 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 FOREX Euro Slumps vs Dollar Heads for 4th Weekly Drop Reuters The euro fell to a seven week low against the US dollar on November 25th in response to a d Reuters Sterling slips vs Dollar Heads for Third Weekly Loss From Reuters A row over how to make Greece s debts sustainable is holding up payment of its next a Reuters FOREX Euro drops versus dollar yen as EU officials meet From Reuters The meeting comes as investors focused on whether and when Spain will request aid as 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

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/FOREX-Euro-Slumps-vs-Dollar-Heads-for-4th-Weekly-Drop.aspx (2012-12-22)
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  • Western Union Business Solutions - Key Holds Lead as New Zealand Vote Nears
    s National party stood at 54 according to the latest Fairfax Media Research International poll published by local news website Stuff The opposition Labour Party had 26 support A former investment banker at Merrill Lynch and widely considered to be pro business Mr Key has managed to shrug off a potentially embarrassing late campaign scandal when a private conversation with ACT party candidate John Banks was recorded but its publication was blocked when the matter was reported to police Read full article WSJ login required 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 The Wall Street Journal New Zealand Dollar Sticking to Tight Range Ahead of Key Events From The Wall Street Journal The New Zealand dollar was slightly lower late Friday but remained ra Greek vote benefits euro versus dollar market rallies The euro climbed against the U S dollar on Wednesday after Greek leaders voted to approve cost cutt 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 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/Key-Holds-Lead-as-New-Zealand-Vote-Nears.aspx (2012-12-22)
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  • Western Union Business Solutions - Aussie, N.Z. Dollar Tumble as Risk Appetite Fades on Europe Crisis, China
    as Germany missed its bond auction target today by 35 percent prompting investors to question bunds status as a haven New Zealand s dollar nicknamed the kiwi has weakened this month against all of its 16 most traded peers while the Aussie has fallen versus all but the kiwi The Aussie is under a fair amount of pressure at the moment with the traditional safe haven U S dollar advancing said David Greene a senior corporate currency dealer at Western Union Business Solutions a global payment services network Europe is still weighing on market sentiment with yields on bonds surging for some nations 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 Bloomberg Aussie N Z Dollars Climb Most in One Month on Draghi Talk From Bloomberg Businessweek The Australian and New Zealand dollars gained the most this month again Canadian dollar stumbles on European concern The Canadian dollar dropped against its southerly counterpart for the first time in four days as con 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 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

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Aussie-NZ-Dollar-Tumble-as-Risk-Appetite-Fades-on-Europe-Crisis-China.aspx (2012-12-22)
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  • Western Union Business Solutions - Euro falls in value as Greece's economic troubles re-emerge
    crisis The Greek referendum is a real curve ball nobody saw it coming and it injects a lot of uncertainty FX strategy head Steven Saywell with BNP Paribas told Reuters The Wall Street Journal reports Greek Prime Minister George Papandreou submitted the nation s economic will to the people who now will decide whether Greece will submit its economic sovereignty to Brussels Approving the measure will subject the nation to at minimum nine more years of austerity budget cuts 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 Portugal economic turmoil should cause Euro to lose value A decreased credit rating from Standard and Poor s has deepened the crisis in Portugal s economy an 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 Re emergence of debt issues pulls down euro The value of the shared currency of the European Union slipped 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 Zealand Portugal Spain

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Euro-falls-in-value-as-Greeces-economic-troubles-re-emerge.aspx (2012-12-22)
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  • Western Union Business Solutions - Western Union Business Solutions to Introduce Electronic Wallet for Small Businesses, Bringing Simplicity to Global B2B Payments
    leap forward for B2B payments It will ease critical pain points for small and medium enterprises trying to compete on a global scale said Raj Agrawal President Western Union Business Solutions With faster streamlined transfer methods our clients will save on foreign exchange and spend less time managing payments and receivables so they can devote more time to growing their business The electronic wallet will launch in the US and Canada in the first quarter of 2012 Businesses will benefit from Western Union s global compliance capabilities and hyperWALLET s patented technology creating a closed loop ecosystem enabling the reliable transfer of funds between senders and receivers Western Union Business Solutions enables businesses of all sizes to manage their international transactions reduce risk and act on market opportunities through various services including corporate FX solutions that include foreign currency payments currency risk management consultation and industry solutions 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 The Western Union Vigo and Orlandi Valuta branded services are offered through a combined network of approximately 485 000 agent locations in 200 countries and territories In 2010 The Western Union Company completed 214 million consumer to consumer transactions worldwide moving 76 billion of principal between consumers and 405 million business payments For more information visit www westernunion com WU F WU G SOURCE Western Union Western Union Media Anna Alejo 720 332 3884 anna alejo westernunion com Investors Mike Salop 720 332 8276 mike salop westernunion com Category News Releases 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 Western Union to Acquire Travelex Global Business Payments Western Union today announced it has signed an agreement with Travelex Holdings Limited to acquire t Announcing the Launch of Western Union Business Solutions Western Union Launches Western Union Business Solutions Western Union Launches International Business Payments Services in Chile Cyprus and Jordan Western Union Launches International Business Payments Services in Chile Cyprus and Jordan E 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/Western-Union-Business-Solutions-to-Introduce-Electronic-Wallet-for-Small-Businesses-Bringing-Simplicity-to-Global-B2B-Payments.aspx (2012-12-22)
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  • Western Union Business Solutions - Domestic backlash likely if China invests in Europe
    support it might be covered against 20 percent of losses according to Reuters Regling also noted that bonds ultimately might be sold in yuan the Chinese monetary unit should the Asian nation allow it China has routinely expressed support for the European nations ability to survive the damages caused by the sovereign debt crisis But the nation has not publicly offered to purchase more debt owned by euro zone governments Noting that the euro zone nations have just embarked on what likely will be an enormously lengthy challenging process the Xinhua column states the nations re doubled efforts are needed Southeast France city Cannes is set to host the Group of Summit meetings later this week when the debt scourge is likely to be a pivotal theme The column seemed to scold euro zone leaders as it recommends them to pay attention to emerging economies and the good they do with assistance during the economic recovery from the Great Recession Reuters reports that is a pointed reference to China The Asian nation underscores the value of Europe noting China is the European Union s second largest commerce partner while the EU is the top partner to China Agence France Presse reports a lingering question in China is why the nation should have to bail out wealthier countries that have not been particularly careful with fiscal matters China holds the equivalent of 3 2 trillion in foreign exchange reserves yet its economy is believed to be passing through a rough patch While development and growth are slowing down and inflation remains high China might have to worry about domestic fallout should it invest too heavily in the EFSF Microblogging websites in China called weibos are indicating the disgust At least 200 million users are into the microblogging websites Europe is much richer than China How can they be short of money This is clearly a fraud a robbery a user named Song Hongbing stated according to AFP The manifesting unrest indicates Chinese leaders will run into problems if they do support the fund according to Michael Pettis finance professor at Peking University Also a senior associate at the Carnegie Endowment for International Peace Pettis said there is likely to be political fallout from such a dynamic It s going to be perceived that China is bailing out a bunch of rich foreigners and politically that s never a popular move Pettis told AFP 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 China U S withstand Europe s turmoil Reuters Despite persistent financial turmoil in the euro zone the United States and Chi 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 Aussie N Z Dollar Tumble as Risk Appetite Fades

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Domestic-backlash-likely-if-China-invests-in-Europe.aspx (2012-12-22)
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