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  • Western Union Business Solutions - Euro gains for fifth day against yen
    Those two factors are the key to understanding why the euro is going higher Two high level political leaders in Germany the biggest economy in the euro zone thus the region s authoritative voice said Spain s pursuit of a credit line from the rescue fund of Europe as a precautionary measure would be OK Reuters reports the embattled monetary unit pushed to one month highs against the U S dollar also propelled by conjecture about Spain nearing the bailout request 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 Euro rides three day bearish streak against yen The value of the shared currency of the European Union fell for a third consecutive day Friday again Pound s gains against euro stop after three straight days of increases The English pound on Wednesday ceased three consecutive days of gains against the common currency 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

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Euro-gains-for-fifth-day-against-yen.aspx (2012-12-22)
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  • Western Union Business Solutions - Euro marks eight consecutive losing sessions against greenback
    told Bloomberg regarding the Aegean nation s attempts to form a government This is the most important driver at the moment Since April 27 the value of the euro against the U S dollar has dropped more than 2 percent The monetary unit also lost value against the Japanese yen Euro zone concerns also are directed toward the banking sector of Spain Reuters reports noting yields on the nation s 10 year notes pushed higher than 6 percent on Wednesday 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 marks three consecutive downward sessions against greenback The Canadian dollar dropped in value Wednesday against its southerly rival marking a third consecut Euro marks two consecutive sessions of gains against dollar The shared currency of the European Union marked two consecutive days of gains against the U S doll 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 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

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Euro-marks-eight-consecutive-losing-sessions-against-greenback.aspx (2012-12-22)
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  • Western Union Business Solutions - Peso plunges toward a fifth straight week of losses against greenback
    globe s largest economy increased 69 000 which Bloomberg reports was less than forecasts projected Gross domestic product in the nation grew 1 9 percent during the first quarter of the year a reduction from the 2 2 percent growth projected according to the U S Commerce Department Dow Jones Newswires reports the peso fell 9 5 percent against the U S dollar during the month of May which largely is linked to damages caused by the sovereign debt crisis 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 plunges toward fifth straight weekly loss to greenback Consumer confidence is on the decline in Europe which is pushing the shared currency of the Europea Yen slips toward second straight weekly losses against dollar The Japanese yen was driving toward a second consecutive week of losses against the U S dollar on F Loonie heads toward fifth consecutive weekly advance against greenback The Canadian dollar was driving toward a fifth straight week of gains against the U S dollar on Fri 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/Peso-plunges-toward-a-fifth-straight-week-of-losses-against-greenback.aspx (2012-12-22)
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  • Western Union Business Solutions - Mexican peso suffers from struggles of Italy, Greece
    is just another consequence of this political failure and it s making investors wary worldwide Italy s reduced rating looks up to that of Chile and down on those of Mexico and Brazil Reuters reports Dow Jones Newswires reports the peso also lost value to the dollar on Monday as a result of another euro zone nation s economic troubles Greece is waiting on the disbursal of an international aid package that will assist the nation with repayments of obligations but some analysts see the Aegean nation 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 Mexican peso slips as Greece prepares for referendum Latin America s most traded monetary unit fell to its lowest value in one week after the leader of d Mexican peso slides as Greece Italy navigate rough waters Investors exercised caution on Monday to see how new leaders of beleaguered euro zone nations confro Mexican peso dips as concerns spread about Greece Fears about Greece refusing to adhere to terms of international assistance pulled down the value 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

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Mexican-peso-suffers-from-struggles-of-Italy-Greece.aspx (2012-12-22)
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  • Western Union Business Solutions - Loonie hovers as oil drops, U.S. economy shows advancement
    futures as the energy commodity is the top export of Canada The Canadian dollar is recovering from losses it suffered on Wednesday as a consequence of China stating a need to accept a reduced pace of growth as a strategy of preserving its integrity and staving off hiccups The Asian nation is the host of the globe s most rapidly developing economy Wednesday also saw the loonie touch its highest value against the Australian dollar 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 hovers against greenback as Bank of Canada prepares for interest rate discussion on Tuesday The value of the Canadian dollar hovered against its southerly rival on Monday in anticipation of Tu Loonie gains from strength of U S economy crude oil futures The value of the Canadian dollar climbed on Wednesday against competing monetary units that are link 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 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-hovers-as-oil-drops-US-economy-shows-advancement.aspx (2012-12-22)
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  • Western Union Business Solutions - CountingPips: Loonie Advances on Crude Oil Surge and ECB Rate Cut Speculations
    in commodity currencies is as a result of speculations that central banks around the world will offer stimulus to spur growth in the global economy Shane Enright an Executive Director at Canadian Imperial Bank of Commerce in Toronto said that the advance of the Canadian dollar will determined further by the US payrolls data expected on July 6 On the same day the Canada s Jobless report will be released and these two reports will determine how the Canadian dollar closes the week 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 CountingPips Loonie Advances on Crude Oil Surge and ECB Rate Cut Speculations From CountingPips The Canadian dollar rose against the US dollar the most in six weeks after crude CountingPips Loonie Advances on Crude Oil Surge and ECB Rate Cut Speculations From CountingPips The Canadian dollar rose against the US dollar the most in six weeks after crude Loonie surges after ECB slashes interest rates The value of the monetary unit of Canada pushed to its highest in 24 months against the shared curre 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/CountingPips-Loonie-Advances-on-Crude-Oil-Surge-and-ECB-Rate-Cut-Speculations.aspx (2012-12-22)
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  • Western Union Business Solutions - Euro climbs against dollar following strong economic data
    One market strategist said the performance of the euro is reflective of the demeanor of the ECB chief The euro is rising because Draghi is not as dovish as he could have been Elizabeth Gregory with Swissquote Bank in Geneva told Bloomberg Given the doom and gloom assessment of the euro zone within the media his take on the situation is a lot more optimistic and balanced But the performance of the euro also was tempered as a consequence of unemployment figures from the U S the globe s largest economic system according to The Wall Street Journal The weekly numbers indicated a rise of applicants for benefit claims which drives down the allure of currencies considered more risky for investment purposes Bond sales in Spain amounted to the equivalent of 12 69 billion which strategist Mark Ostwald with Monument Securities found to be quite uplifting Very impressive he told The Wall Street Journal As tactics go it is clear that getting as much done as quickly as possible in terms of funding a deficit is wise in the current environment Italian borrowing costs greatly dropped which drove yields lower than the pivotal 7 percent figure they had exceeded Portugal Ireland and Greece were prompted to seek emergency bailouts after their bond yields were higher than 7 percent Those nations represent the ones most damaged by the debt scourge A research head told Reuters that the euro has significantly benefited from the spoken word of the ECB leader The pair has been grossly oversold leaving it vulnerable to a short squeeze in the near term research head Boris Schlossberg with GFT Forex in New Jersey told the news source However any further upside progress may be limited unless the broader risk appetite improves The value of the euro climbed early in the trading day on Thursday when it showed a marked reversal from its lowest value of 16 months just one day prior Reuters reports But despite the good trading day the monetary unit remains under duress Our suspicion is that the euro zone will suffer further appreciable economic weakness over the early months of 2012 at least and we expect the ECB to respond by cutting interest rates further chief European and U K economist Howard Archer with IHS Global Insight in London told Reuters And we anticipate that mounting evidence of retreating inflationary pressures will give the ECB increasing scope to act 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 climbs against dollar following strong Italian bond sale The value of the shared currency of the European Union climbed against its southerly rival on Monday 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 climbs

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Euro-climbs-against-dollar-following-strong-economic-data.aspx (2012-12-22)
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  • Western Union Business Solutions - Dollar climbs against rivals amid PMI drops in China, Europe
    proving supportive the data is consistent with softening activity currency strategist Jeremy Stretch with CIBC in London told the news service Early in the trading session the greenback climbed against the dollars of Australia and New Zealand following economic data about manufacturing in China Bloomberg reports losses of the euro against the dollar were partially due to a report indicating factory output in Germany shrinking thus far this month as the euro also fell against the Japanese yen 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 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 Dollar drops amid European debt woes The U S dollar declined against various currencies on March 29 as markets reacted to rising bond y Loonie climbs against rivals amid news indicating GDP grew in Q4 The value of the Canadian dollar gained against the majority of its counterpart currencies on Friday 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

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Dollar-climbs-against-rivals-amid-PMI-drops-in-China-Europe.aspx (2012-12-22)
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