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  • Western Union Business Solutions - Euro slips from month high against U.S. dollar
    year bond yields are at levels seen in September while at the same time the global picture is also improving given the Chinese and the U S data Development and growth during the third quarter in China was 7 4 percent higher than the same period last year The healthier economic data released by China also helped the English pound and the Australian dollar advance against the world s reserve currency on Thursday The Wall Stret Journal 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 slips from four month high against dollar The value of the shared currency of the European Union fell against the U S dollar on Tuesday pull Euro drives to four month high against dollar The value of the shared currency of the European Union pushed to its highest rate in four months aga Euro Up On Europe Hope Dollar at 1 Month High vs Yen Reuters As expectations permeated financial markets that Slovakia would eventually ratify the Europ 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

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Euro-slips-from-month-high-against-US-dollar.aspx (2012-12-22)
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  • Western Union Business Solutions - Euro climbs against greenback, yen as Spanish bonds recover
    of European hedge fund sales Neil Jones with Mizuho Corporate Bank Ltd in London told the news source It s now being reversed given the downgrade raises the chances of a bailout Prime Minister Mariano Rajoy of Spain thus far has refrained from requesting a bailout which is required by the European Central Bank to purchase debt The ECB announced its plan early last month Reuters reports the minister of the economy of Spain said the euro zone has mounted no political opposition to the nation seeking bailout aid 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 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 Euro climbs against greenback yen The value of the shared currency of the European Union climbed against the U S dollar and the Japan Yen climbs against rival currencies as pivotal European elections await The value of the Japanese yen advanced against its top rival currencies on Friday as the Pacific Rim 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-climbs-against-greenback-yen-as-Spanish-bonds-recover.aspx (2012-12-22)
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  • Western Union Business Solutions - Euro climbs against greenback, yen
    firm GFT Forex in New York told Bloomberg Factories mines and utilities generated 0 4 percent more output last month which came on the heels of a 0 3 percent drop in November Reuters reports the euro s climb in value was tempered by the great unknown regarding discussions about restructuring Greek debt The Aegean nation along with Portugal and Ireland have accepted emergency bailout aid to confront 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 climbs against greenback yen as Spanish bonds recover The shared currency of the European Union achieved a second consecutive trading session of gains aga Yen climbs against rival currencies as pivotal European elections await The value of the Japanese yen advanced against its top rival currencies on Friday as the Pacific Rim Yen falls against greenback euro The value of the Japanese yen slipped against the U S dollar on Friday amid conjecture that the Pac 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

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Euro-climbs-against-greenback-yen.aspx (2012-12-22)
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  • Western Union Business Solutions - Aussie, Kiwi cut into weekly losses against greenback
    roughly 0 3 percent cut into the 0 8 percent losses against the U S dollar since July 6 The 7 6 percent gains to the gross domestic product of the Asian nation during the second quarter were lower than the 8 1 percent gains during the same last year The central bank of China indicated earlier this month it was slashing interest rates for the first time in about four years as a strategy of prompting development and growth One strategist said the economic developments in China are sure to continue impacting the Aussie We believe the second quarter to be the trough in Chinese economic activity and therefore we ultimately think the Australian dollar is likely to be in the process of finding a bottom in the not too distant future chief rate strategist Gavin Stacey with Barclays in Suydney told Bloomberg We re hoping to start to see the effects of the policy initiatives to start to show up in the economic data Dips set in But the Aussie dove later in the trading session The Wall Street Journal reports The 7 6 percent GDP growth during the second quarter represents a reduction from the first quarter s GDP of 8 1 percent Plus the second quarter s return represents the lowest level of that metric since early 2009 Though the Aussie initially gained the monetary unit did not compensate for losses it endured overnight against the world s reserve currency A commodity based currency the Aussie also suffered the consequences of Moody s Investor Service slashing the credit rating of a euro zone nation early on during the Friday trade session The small boost to sentiment from the Chinese numbers hasn t been enough to overcome a risk off week that was compounded by the Moody s downgrade to Italy s credit rating this morning states a note authored by fixed income analysts with Deutsche Bank according to the Wall Street Journal Losses toward the end of the Friday trading session also propelled the Aussie toward its first week of losses against the U S dollar according to The Sydney Morning Herald The monetary unit is projected to continue dipping next week as China continues suffering economic hitches one strategist said What those numbers show is that the Chinese economy is starting to slow down and we could see the dollar fall towards parity next week foreign exchange strategist Andrew Salter with ANZ told the Sydney Morning Herald 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 Rand set for weekly losses against the greenback The value of the monetary unit of the largest economy on the African continent slipped on Friday aga Aussie Kiwi stay strong against greenback South Pacific currencies preserved their high value against the U S dollar as investor demand

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Aussie-Kiwi-cut-into-weekly-losses-against-greenback.aspx (2012-12-22)
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  • Western Union Business Solutions - Canadian dollar's losses against greenback continue
    5 3 percent on the year in March which was markedly lower than forecasts indicated It s more external factors that are driving the price action in the Canadian dollar director of foreign exchange trading David Bradley with Scotia Capital told Reuters The value of the loonie gained from Monday to Tuesday but those advances were curtailed as a result of the sovereign debt crisis damaging tendencies The Canadian Press reports the loonie dropped lower than parity late in the morning of Tuesday due to widening concerns about economic growth and development Not since March 6 has the loonie closed lower than parity against the world s reserve currency Chinese exports gained 8 9 percent to 165 6 billion as compared to one year prior and imports increased 5 3 percent to 160 3 billion which is of concern since those figures are lower than recent years figures The trade figures have stoked concerns about the outlook for economic activity in China given that GDP growth is expected to be driven by domestic demand as market participants shift their focus to the possibility of easier borrowing requirements from the People s Bank of China currency strategist Eric Theoret with Scotia Capital told The Canadian Press Nations in addition to Canada that are poised to suffer losses due to underwhelming financial and economic figures from the Asian nation are Australia Brazil and other Asian nations all of whom are reliant on Chinese demand for commodities such as oil copper iron ore and industrial components Friday will see additional economic growth metrics from China released The Canadian Press reports The loonie also has been pinched by last Friday s jobs report issued by the U S a top trade partner to Canada as the report provided results that were significantly less than anticipated At least 200 000 jobs were expected to have been created in the U S during the month of March but the actual figure released by the U S Department of Labor was significantly lower Economic data that indicates growth and development are stalling pulls down the price of crude oil futures as it indicates the energy commodity will fall less into demand since it will not be needed as much Oil rich Iran presently under sanctions due to its nuclear ambitions is scheduled to meet with the U S and several world powers later this week in Turkey 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 cut into weekly losses against greenback South Pacific dollars were on the rise on Friday as the monetary units cut into losses earlier in th Canadian dollar drops against greenback for first day in four The value of the monetary unit of Canada dropped against its southerly rival on Friday marking the Pound gains against euro falls

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Canadian-dollars-losses-to-greenback-continue.aspx (2012-12-22)
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  • Western Union Business Solutions - Loonie heads toward fifth consecutive weekly advance against greenback
    rates any time soon chief economist Avery Shenfeld with CIBC World Markets told Reuters on Friday The unemployment rate in Canada ticked up to 7 3 percent in July after having checked in at 7 2 percent during June Statistics Canada indicated on Friday Job losses in Canada for last month were unanticipated but also marked a third month of disappointing employment data during which the nation s labor market has not gained traction amid recovery from the Great Recession 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 advances toward 10 consecutive weeks of gains against the yen The value of the Canadian dollar was driving toward its tenth straight weekly gain against the Japan Loonie heads toward second straight weekly gains against U S dollar The Canadian dollar minimally changed against its southerly rival on Friday as investors and traders Yen s slide against greenback drives toward sixth consecutive week The value of the monetary unit of Japan fell against the U S dollar on Friday as it hurtled toward 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

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Loonie-heads-toward-fifth-consecutive-weekly-advance-against-greenback.aspx (2012-12-22)
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  • Western Union Business Solutions - Euro loses value against greenback as Spain concerns grow
    sees it as more negative than positive The embattled euro was barreling toward a second consecutive weekly decline against the Japanese yen as economic data revealed borrowing by Spanish banks of the ECB increased last month by nearly 50 percent Reuters reports yields on Spanish bonds were rising on Friday and Italian bond yields also were increasing Both nations have drawn concern amid speculation that they are next in line to seek emergency bailout aid to alleviate suffering from the debt scourge 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 loses value as Spain s fiscal issues grow larger The common currency of the European Union lost value against the U S dollar on Tuesday as a consequ 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 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

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Euro-loses-value-against-greenback-as-Spain-concerns-grow.aspx (2012-12-22)
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  • Western Union Business Solutions - Euro advances against dollar, yen, pound after Greek vote
    going to be for people to sell into the rally Now that the austerity measures were approved the focus is likely to shift to this Wednesday s meeting of finance ministers from the euro zone nations as the March 20 deadline looms for Greece to remit a payment and avoid defaulting on obligations Bloomberg reports the value of the euro barreled toward its top price in 60 days against the dollar on Monday The embattled currency also achieved gains against the Japanese yen and the British pound 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 Pound gains against euro falls against greenback The English pound climbed in value against the shared currency of the European Union on Tuesday but 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 Pound rising against euro dollar but storms lie ahead The British pound rose against the euro on Friday in fact it gained against 15 of its 16 most act 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

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Euro-advances-against-dollar-yen-pound-after-Greek-vote.aspx (2012-12-22)
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