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  • Western Union Business Solutions - Loonie climbs after central bank leaves interest rate intact
    of Commerce in Toronto told Bloomberg Canada s economy which is the globe s 10th largest is bolstered by and based on natural resources The nation s top natural resource crude oil is performing strongly on Thursday which also benefits the value of the loonie The Canadian Press reports officials with the Bank of Canada also noted that economic circumstances have improved over the recent months which also played into the decision to leave interest rates intact 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 climbs against greenback after central banks leaves interest rates at 1 percent The central bank of Canada keeping its interest rate at 1 percent on Tuesday prompted the nation s m Loonie falls as central bank repeats need to increase interest rates The value of the monetary unit of Canada dropped Wednesday as the central bank emphasized the need t Aussie climbs after central bank cuts interest rates The monetary unit of Australia gained on Tuesday against its top rivals after the central bank opted 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/Loonie-climbs-after-central-bank-leaves-interest-rate-intact.aspx (2012-12-22)
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  • Western Union Business Solutions - Euro zone leaders must act now, Obama says
    leader said the debt scourge is pulling at the U S and he pressed Congress to approve the jobs initiative he submitted to spur hiring as one technique of offsetting threats spawned by the debt scourge His remarks come after the U S Department of Labor indicated only 69 000 new jobs were created last month by U S employers as unemployment now stands at 8 2 percent Obama leaned on the leaders of the euro zone to more strongly commit to enhancing development and growth Bloomberg reports 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 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 Euro climbs as leaders work toward keeping Greece among the euro zone The value of the shared currency of the European Union advanced against the world s reserve currency Rough economic road ahead for euro zone EU leader says Two additional euro zone nations will continue enduring significant pressure this year as the econom 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

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Euro-zone-leaders-must-act-now-Obama-says.aspx (2012-12-22)
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  • Western Union Business Solutions - Canadian dollar climbs from U.S., German economic data
    sales print states a research note authored by economist Derek Holt with Scotiabank according to Reuters The Canadian Press reports the Canadian dollar also benefited from Germany indicating stronger economic growth than anticipated during the second quarter of the year Growth in the nation hosting the euro zone s largest economy was 0 3 percent during the second quarter which pushed past projections of 0 2 percent growth yet was shy of first quarter growth of 0 5 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 Canadian dollar climbs against greenback but gains tempered by economic data The value of the Canadian dollar increased against its southerly rival on Tuesday 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 Rand s fourth day of climbs boosted by German economic data The value of the monetary unit of the nation hosting the African continent s largest economy is ridi 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/Canadian-dollar-climbs-from-US-German-economic-data.aspx (2012-12-22)
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  • Western Union Business Solutions - Aussie, Kiwi climb amid strong U.S. economic data
    Zealand Banking Group in Sydney told the news source The Aussie and Kiwi on Monday touched their top values since late October The final quarter of last year saw the increase on prices Australian producers pay rise more slowly than economists forecast Less costly expenses and costs for agriculture tempered industrial machinery considered more expensive The Sydney Morning Herald reports the Aussie despite its strong performance on Monday remained strong amid challenging negotiations between Greece and its private creditors to prevent the Aegean nation from defaulting 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 Kiwi Aussie drop against yen amid disappointing U S Chinese economic data South Pacific monetary units sank to their lowest rates thus far this month on Monday against the Ja Aussie Kiwi benefit from strong U S economic data South Pacific currencies gained in value against the world s reserve currency on Wednesday Aussie Kiwi climb after strong Chinese data released South Pacific monetary units gained in value against the U S dollar on Friday after having kicked o 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/Aussie-Kiwi-climb-amid-strong-US-economic-data.aspx (2012-12-22)
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  • Western Union Business Solutions - Aussie, Kiwi benefit from strong U.S. economic data
    optimism over there for now and that s helped to encourage some risk taking Demand for the Aussie and the New Zealand dollar slipped in response to a report indicating manufacturing may fall in China host of the globe s most rapidly developing economy Dow Jones Newswires reports the Aussie suffered some loss as a result of lingering questions regarding the bailout tranche for Greece and how the Aegean nation will manage to secure its financial future 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 Kiwi climb amid strong U S economic data South Pacific currencies achieved their highest values in 12 weeks against the world s reserve curre Loonie s lift continues as strong U S data benefits the currency The value of the Canadian dollar gained against the world s reserve currency on Thursday in response Loonie benefits from stronger than anticipated U S economic data The value of the monetary unit of Canada gained against its U S rival on Monday as a consequence 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

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Aussie-Kiwi-benefit-from-strong-US-economic-data.aspx (2012-12-22)
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  • Western Union Business Solutions - Western Union Completes Acquisition of Travelex Global Business Payments
    market that we believe to be underserved The combined organization will allow us to serve businesses around the globe better and faster with world class customer service Business customers are able to send cross border payments in over 140 currencies from 18 countries with more countries to be added in 2012 Clients currently include businesses in a variety of industries including import and export wine and spirits agriculture mining and legal as well as financial nonprofit and educational institutions I am proud of the progress our Business Solutions division has made over the last two years said Raj Agrawal Executive Vice President and President Western Union Business Solutions With the addition of Travelex Global Business Payments expertise strong customer relationships and innovative solutions we see a great opportunity to expand into new markets and offer better solutions than either company could achieve alone Western Union plans to integrate Travelex Global Business Payments into the Business Solutions division in the coming months The acquisition adds over 1 000 new employees to Western Union bringing global employment for the Fortune 500 company to over 8 000 The Western Union Business Solutions division will be headquartered in London 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 Contacts Media Tom Fitzgerald 1 720 332 4374 Tom Fitzgerald westernunion com Investors Mike Salop 1 720 332 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 Western Union sees significant increase in use of Chinese Renminbi for business payments by US firms Western Union sees significant increase in use of Chinese Renminbi for business payments by US firms Western Union Business Solutions to Introduce Electronic Wallet for Small Businesses Bringing Simplicity to Global B2B Payments Service supported by hyperWALLET to be Offered in U S Canada Early in 2012 ENGLEWOOD Colo Octo 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

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/western-union-has-acquired-travelex-global-business-payments.aspx (2012-12-22)
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  • Western Union Business Solutions - Japan's motive for declining a stimulus program increase linked to strengthening domestic economy
    the move was short lived as the forex market assessed the net effect of the bank s technical changes head of foreign exchange Kimihiko Tomita with State Street Global Markets in Tokyo told Reuters The central bank of Japan increased the economic assessment of the Pacific Rim nation signifying the first time that has happened in at least two years Domestic demand is one factor that is benefiting the nation s economy as it continues recovering from the March 2011 earthquake and subsequent tsunami according to Reuters 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 Yen gains against greenback as Bank of Japan opts against strengthening stimulus program The value of the Japanese yen gained the most in 14 days against the world s reserve currency on Fri Job report fuels commodities linked currencies and optimism on U S economy The April employment update from the U S Department of Labor showed that the world biggest economy Japan s aftershocks ripple through global economy Karl Schamotta Senior Market Strategist recently penned an article on the financial effects of Jap 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

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Japans-motive-for-declining-a-stimulus-program-increase-linked-to-strengthening-domestic-economy.aspx (2012-12-22)
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  • Western Union Business Solutions - Yen Gains Against Peers on Waning Concern Japan Will Intervene; Euro Drops
    SA increased the extra deposit it demands from clients to trade Italy s government bonds Australia s dollar slid before a report tomorrow forecast to show the nation s jobless rate rose in October The supply demand balance for dollar yen makes it inevitable that it will drift lower unless we see another bout of intervention said Adam Cole head of foreign exchange strategy in London at Royal Bank of Canada s RBC Capital Markets unit It will have to get back close to lows before they get involved again and even then I don t think there s any guarantee It s a policy of managing strength in the currency not engineering weakness 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 Yen gains against greenback as Bank of Japan opts against strengthening stimulus program The value of the Japanese yen gained the most in 14 days against the world s reserve currency on Fri Euro gains for fifth day against yen The value of the shared currency of the European Union increased against the Japanese yen for a fift Euro gains against yen for sixth consecutive trading session The common currency of the European Union achieved a sixth consecutive trading session of gains Thur 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

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Yen-Gains-Against-Peers-on-Waning-Concern-Japan-Will-Intervene3b-Euro-Drops.aspx (2012-12-22)
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