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  • Western Union Business Solutions - Bloomberg: Euro Drops Versus Dollar, Yen on Greece Crisis Contagion Concern
    Union Co s Western Union Business Solutions unit We could see continued political discord in Greece something that would only increase worries about the debt crisis and likely keep borrowing costs for nations like Spain and Italy elevated The euro lost 1 1 percent to 1 2780 falling to 1 2642 the weakest since Jan 16 It has dropped 3 5 percent so far this month The shared currency weakened 2 2 percent to 100 98 yen the most since the period ended April 6 The Japanese currency appreciated 1 2 to 79 02 per dollar and touched 79 00 the strongest since Feb 17 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 Euro at 12 Year Low Versus Yen on Crisis Dollar Drops on Fed From Bloomberg Businessweek The euro fell for a fourth straight week against the yen touching the 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 Yen Gains Against Peers on Waning Concern Japan Will Intervene Euro Drops Bloomberg The Japanese yen surged against most other major currencies on November 9th as concerns t 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

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Bloomberg-Euro-Drops-Versus-Dollar-Yen-on-Greece-Crisis-Contagion-Concern.aspx (2012-12-22)
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  • Western Union Business Solutions - Reuters: FOREX-Euro drops versus dollar, yen as EU officials meet
    some of their major positions from last week said Ravi Bharadwaj pricing and market analyst at Western Union Business Solutions in Washington Read the full article at Reuters com 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 San Francisco Chronicle Euro Drops Versus Yen as EU Ministers Meet Canada Dollar Falls From the San Francisco Chronicle The euro fell for the first time in six days against the yen as E Bloomberg Euro Drops Versus Dollar Yen on Greece Crisis Contagion Concern From Bloomberg Businessweek The euro fell for a third week against the dollar reaching a four mont Bloomberg Businessweek Euro Ends 7 Day Rally Versus Yen as Officials Meet From Bloomberg Businessweek The Czech koruna slid versus all except two of its major counterparts 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 97 September 76 August 78 July 79 June 61 May 82 April 81 March 87 February 74 January 87 2011 December 84 November 82 October 78 September 70

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Reuters-FOREX-Euro-drops-versus-dollar-yen-as-EU-officials-meet.aspx (2012-12-22)
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  • Western Union Business Solutions - Mexican peso advances amid uplifting domestic economic data
    on the moneypiece But we re not bullet proof from the international situation what s happening in Europe and in the U S head trader Omar Martin del Campo with Banco Ve Por Mas told Bloomberg Additional uplifting economic data coming from Mexico s statistics agency includes agricultural production advanced 8 3 percent largely due to higher corn and sorghum output Media and financial services spearheaded the service sector s growth of 4 8 percent The peso kicked off the trading session by losing in value as a result of economic data indicating the U S economy did not develop as rapidly in the third quarter as forecast Such data has a strong impact on the Mexican economy and monetary unit because the U S is where roughly 80 percent the nation s exports end up Dow Jones Newswires reports the weekly Mexican government bond auction resulted in a lower yield for short term government debt on Tuesday as a result of the great unknown regarding the denouement of the travels of the sovereign debt contagion in the euro zone Twenty eight day Treasury bill yields dropped 0 03 percentage points to 4 32 percent Three month yields fell 0 02 percentage points to 4 38 percent and six month bond yields remained intact at 4 44 percent from one week prior The central bank of Mexico indicated it is inclined to slash interest rates should the nation s economic outlook significantly fall apart But with a meeting scheduled for early next month the likelihood of that rate reduction occurring is slim when considering the volatility that has impacted the value of the nation s monetary unit Investment house Goldman Sachs stated in a report that economic activity is forecast to reduce its pace during the next few quarters but volatility with the peso is likely to prompt the central bank from significant adjustments at least until after the end of this year As such we are of the view that the economy will likely justify moderate monetary stimulus in the near term but given the recent exchange rate dynamics we believe the central bank will likely refrain from acting at the December 2 meeting preferring instead to wait for 1Q2012 in order to have a more precise reading of the strength of the domestic real business cycle and the evolution of the global economy and attendant risks states the report from Goldman Sachs 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 British pound rises in value amid uplifting economic data Last month s retail sales in the U K bounced back driving higher in value the value of the British Mexican peso falls against greenback amid concerns for Chinese economy The value of Latin America s most traded currency dropped against the world s reserve currency

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Mexican-peso-advances-amid-uplifting-domestic-economic-data.aspx (2012-12-22)
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  • Western Union Business Solutions - Mexican peso falls against greenback amid concerns for Chinese economy
    itself as the second best performing monetary unit of Latin America according to Bloomberg The currency of Mexico trails only that of Colombia Dow Jones Newswires reports stocks from Mexico also slipped on Tuesday which the news source attributed to the reduced pace of growth in China The news source also noted Mexican stocks followed the downward drive of U S markets that were tracking the Asian nation s slowing growth But one firm said that volatility on the foreign exchange market is lower this week Observation of the Benito Juarez holiday kept Mexican markets closed on Monday The firm pointed to strong news coming from the U S as it recovers from the Great Recession We expect the market to move laterally waiting for further data to confirm the U S economic recovery states a report penned by research firm Metanalisis according to Dow Jones Newswires Santander noted the value of the peso should be boosted by an improving U S economy The bank also pointed to rising oil prices as another factor which may lend support to the monetary unit of Latin America s second biggest economy Mexico and Brazil have worked out hitches on their 10 year old auto trade pact Agence France Presse reports Top officials from the two nations have been working on the matter and trying to flesh out an agreement The newly finished pact will see for 36 months The Economic Ministry of Mexico announced the agreement last Thursday Brazil sought to restructure the deal in response to a jump in Mexican car exports largely caused by a rise in the Brazilian real relative to the Mexican peso A temporary incremental regime was agreed on for duty free exports of light vehicles for each country for a three year period according to a statement issued by the Mexican Economy Ministry The deal will see exports total the equivalent of 1 45 billion during the first year and then rise to 1 56 billion during the second year and 1 64 billion during the third year The government of Brazil has increased duties on automobiles imported from other nations but was unable to do so with Mexican vehicles because of the pact Last year saw exports of cars from Mexico to Brazil increase 40 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 Loonie falls against greenback amid China s growth reduction The value of the Canadian dollar slipped against its southerly rival on Monday after the host of the Mexican peso drops against greenback Losses of Latin America s most traded currency continued Friday against the world s reserve currency Pound gains against euro falls against greenback The English pound climbed in value against the shared currency of the European Union on Tuesday but Industry News 1486 Media Coverage 305

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Mexican-peso-falls-against-greenback-amid-concerns-for-Chinese-economy.aspx (2012-12-22)
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  • Western Union Business Solutions - Western Union to Acquire Travelex Global Business Payments
    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 455 000 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 About Travelex Global Business Payments Travelex Global Business Payments is part of Travelex Holdings Limited one of the world s leading foreign exchange specialists Travelex Global Business Payments conducts business payments annually for 35 000 customers in 14 countries The company provides payments services to a variety of business clients including over 500 financial institutions Founded in 1976 Travelex Holdings Limited has grown to become the world s leading specialist provider of foreign exchange and international business payments The Group processes 20 billion of foreign exchange transactions every year The Group s consumer focused operations provide cash and pre paid cards to over 30 million retail customers each year through a network of close to 1 000 stores and over 500 ATMs spread across 24 countries For the year ended December 31 2010 Travelex Holdings Limited reported revenues of 739 7m and EBITDA of 130 6m Safe Harbor Compliance Statement for Forward Looking Statements This press release contains certain statements that are forward looking within the meaning of the Private Securities Litigation Reform Act of 1995 These statements are not guarantees of future performance and involve certain risks uncertainties and assumptions that are difficult to predict Actual outcomes and results may differ materially from those expressed in or implied by our forward looking statements Words such as expects intends anticipates believes estimates guides provides guidance provides outlook and other similar expressions or future or conditional verbs such as will should would and could are intended to identify such forward looking statements Readers of this press release by The Western Union Company the Company Western Union we our or us should not rely solely on the forward looking statements and should consider all uncertainties and risks discussed in the Risk Factors section and throughout the Annual Report on Form 10 K for the year ended December 31 2010 The statements are only as of the date they are made and the Company undertakes no obligation to update any forward looking statement Possible events or factors that could cause results or performance to differ materially from those expressed in our forward looking statements include the following changes in immigration laws patterns and other factors related to migrants our ability to adapt technology in response to changing industry and consumer needs or trends our failure to develop and introduce new products services and enhancements and gain market acceptance of such products the failure by us our agents or subagents to comply

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Western-Union-to-Acquire-Travelex-Global-Business-Payments.aspx (2012-12-22)
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  • Western Union Business Solutions - Announcing the Launch of Western Union Business Solutions
    principal between consumers and 415 million business payments For more information visit http www westernunion com Safe Harbor Compliance Statement for Forward Looking Statements This press release contains certain statements that are forward looking within the meaning of the Private Securities Litigation Reform Act of 1995 These statements are not guarantees of future performance and involve certain risks uncertainties and assumptions that are difficult to predict Actual outcomes and results may differ materially from those expressed in or implied by our forward looking statements Words such as expects intends anticipates believes estimates guides provides guidance provides outlook and other similar expressions or future or conditional verbs such as will should would and could are intended to identify such forward looking statements Readers of this press release by The Western Union Company the Company Western Union we our or us should not rely solely on the forward looking statements and should consider all uncertainties and risks discussed in the Risk Factors section and throughout the Annual Report on Form 10 K for the year ended December 31 2009 The statements are only as of the date they are made and the Company undertakes no obligation to update any forward looking statement Possible events or factors that could cause results or performance to differ materially from those expressed in our forward looking statements include the following changes in immigration laws patterns and other factors related to migrants our ability to adapt technology in response to changing industry and consumer needs or trends our failure to develop and introduce new products services and enhancements and gain market acceptance of such products the failure by us our agents or subagents to comply with our business and technology standards and contract requirements or applicable laws and regulations especially laws designed to prevent money laundering and terrorist financing and or changing regulatory or enforcement interpretations of those laws failure to comply with the settlement agreement with the State of Arizona the impact on our business of the Dodd Frank Wall Street Reform and Consumer Protection Act and the rules promulgated there under changes in United States or foreign laws rules and regulations including the Internal Revenue Code of 1986 as amended and governmental or judicial interpretations thereof changes in general economic conditions and economic conditions in the regions and industries in which we operate adverse movements and volatility in capital markets and other events which affect our liquidity the liquidity of our agents or clients or the value of or our ability to recover our investments or amounts payable to us political conditions and related actions in the United States and abroad which may adversely affect our businesses and economic conditions as a whole interruptions of United States government relations with countries in which we have or are implementing material agent contracts our ability to resolve tax matters with the Internal Revenue Service and other tax authorities consistent with our reserves mergers acquisitions and integration of acquired businesses and technologies into our company and the realization

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Announcing-the-Launch-of-Western-Union-Business-Solutions.aspx (2012-12-22)
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  • Australia Corporate Branches: Western Union Business Services
    9 143 146 North Terrace Adelaide SA 5000 Telephone 61 8 8221 6646 Toll Free 1 800 887 773 Fax 61 8 8221 6648 Brisbane Level 15 167 Eagle Street Brisbane QLD 4000 Telephone 61 7 3229 5500 Fax 61 7 3229 4055 Melbourne Level 9 53 Queen Street Melbourne VIC 3000 Telephone 61 3 8622 8800 Fax 61 3 8622 8811 Perth Level 6 37 St Georges Terrace Perth WA 6000 Telephone 61 8 9325 1544 Fax 61 8 9325 1588 Sydney Level 12 1 Margaret Street Sydney NSW 2000 Telephone 61 2 8001 2100 Toll Free 1 800 887 773 Fax 61 2 8001 2122 Other Regions Australia Canada France Italy New Zealand Singapore United Kingdom United States Corporate Solutions Outgoing Payments Incoming Payments Risk Management Industry Solutions Resource Centre Industry News Media Coverage Newsletters White Papers Webinars Events Calendar FX101 Glossary About Us Corporate Profile Global Headquarters Security Compliance Careers Press Centre Strategic Alliances Affiliate Application Personal Transfers Overview Western Union Business Solutions is a division of The Western Union Company Western Union acquired Custom House Currency Exchange Singapore Pte Limited in 2009 and Travelex Singapore Pte Ltd and Travelex Global Financial Services Singapore Pte Limited in

    Original URL path: http://business.westernunion.sg/contact/locations/alternate/?id=Australia (2012-12-22)
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  • Canada Corporate Branches: Western Union Business Services
    6066 Hamilton Suite 901 1 King Street West Hamilton ON L8P 1A4 Telephone 905 523 6004 Toll Free 1 800 242 0075 Fax 905 523 0512 Kelowna 206 478 Bernard Ave Kelowna BC V1Y 6N7 Telephone 250 717 8803 Toll Free 1 888 269 3355 Fax 250 717 3448 London 2nd Floor 380 Wellington St London ON N6A 5B5 Telephone 519 673 6000 Toll Free 1 800 242 6007 Fax 519 673 6384 Montreal 2310 1010 rue Sherbrooke ouest Montreal QC H3A 2R7 Telephone 514 904 6796 Toll Free 1 866 650 6836 Fax 514 904 2983 Ottawa Suite 620 555 Legget Drive Ottawa ON K2K 2X3 Telephone 613 287 0801 Toll Free 1 800 242 3147 Fax 613 287 0800 Saskatoon 403 105 21st Street East Saskatoon SK S7K 0B3 Telephone 306 665 1600 Toll Free 1 800 469 1134 Fax 306 665 1612 Surrey 409 2626 Croydon Drive Surrey BC V3S 0S8 Telephone 604 535 6325 Toll Free 1 866 255 6407 Fax 604 535 9844 Toronto Suite 300 330 Bay St Toronto ON M5H 2S8 Telephone 1 888 987 7612 Fax 1 877 442 2481 Vancouver 3224 1055 Dunsmuir Street Vancouver BC V7X 1P4 Telephone 604 482 6000 Toll Free 1 800 350 6001 Fax 604 482 6011 Waterloo Suite 1102 20 Erb Street West Waterloo ON N2L 1T2 Telephone 519 884 6006 Fax 519 884 8220 Winnipeg 1650 One Lombard Place Winnipeg MB R3B 0X3 Telephone 204 987 6006 Toll Free 1 877 475 2226 Fax 204 987 6007 Other Regions Australia Canada France Italy New Zealand Singapore United Kingdom United States Corporate Solutions Outgoing Payments Incoming Payments Risk Management Industry Solutions Resource Centre Industry News Media Coverage Newsletters White Papers Webinars Events Calendar FX101 Glossary About Us Corporate Profile Global Headquarters Security Compliance Careers Press

    Original URL path: http://business.westernunion.sg/contact/locations/alternate/?id=Canada (2012-12-22)
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