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  • Western Union Business Solutions - Loonie reverses four days of losses against the greenback
    told the news source We had some stronger data out in the U S this morning housing numbers and that s helped the backdrop a little bit Risk aversion dropped after Spain preserved its Moody s Investor Service ranking Bonds issued by the Canadian government decreased as yields fell to their lowest in at least six months Reuters reports the Canadian dollar also gained after economic data indicated the housing sector of the U S is improving 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 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 Loonie shrugs of oil losses in slight climb against greenback The value of the Canadian dollar edged higher on Tuesday despite oil prices and other tradables on t 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 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/Loonie-reverses-four-days-of-losses-against-the-greenback.aspx (2012-12-22)
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  • Western Union Business Solutions - Loonie's rally to dollar touches four days
    news I m telling clients to take this opportunity to buy U S dollar at these levels The nation s inflation rate likely reduced its pace last month according to a Statistics Canada report set for publication tomorrow as predicted by Bloomberg forecasts The Canadian Press cited the rising prices of commodities as another driver of the Canadian dollar s upward drive which sees the monetary unit pushing toward an above parity close against the U S dollar That has not occurred since the end of this past October 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 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 Loonie reverses four days of losses against the greenback The value of the monetary unit of Canada reversed four days of gains against the U S dollar on Wedn Loonie s three day rally against greenback closes The three day rally of Canada s monetary unit against its southerly rival came to an end on Wednesda 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

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Loonies-rally-to-dollar-touches-four-days.aspx (2012-12-22)
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  • Western Union Business Solutions - Rupee slides as European debt crisis looms
    since June 23rd according to The Economic Times This influx of foreign capital helped support the rupee s value but that support began to deteriorate as those who had invested in the funds began to redeem their money the week of July 11 Roy Paul a deputy general manager at Federal Bank Ltd in Mumbai told Bloomberg that there is no clarity on whether foreign fund inflows will continue as the overall environment isn t positive Most Asian currencies dropped against the dollar on July 18 trading The Economic Times reported 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 Value of peso drops as European debt crisis remains Since the beginning of August the peso has lost approximately 16 percent of its value against the d Outgoing ECB president says debt crisis unfinished The sovereign debt crisis that is savaging the euro zone is not over and requires additional attenti Euro s slump revives concerns about sovereign debt crisis danger The shared currency of the European Union dipped in value Thursday as the Swiss franc kicked off the 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

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Rupee-slides-as-European-debt-crisis-looms.aspx (2012-12-22)
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  • Western Union Business Solutions - Euro rises before debt summit
    s debt reported Agence France Presse Roberto Mialich currency strategist told Reuters that there are glimmers of hope that deals will be made in the euro zone and U S but uncertainty will still prevail and prevent any aggressive positioning ahead of the summit Currency traders and analysts expressed concern that another Greek bailout may only provide a temporary boost to the euro as threats of default remain in other countries according to the news source 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 dives as Spain Italy prepare to sell debt and Brussels summit awaits The value of the shared currency of the European Union dropped against the U S dollar on Monday ju Demand for Italian debt will decide whether euro rises or falls On Tuesday the euro approached an 11 month low against the dollar suggesting that the European sov Pound rises against the euro as concerns spread for Italy s debt The English pound gained in value on Wednesday against the shared currency of the European Union ami 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-rises-before-debt-summit.aspx (2012-12-22)
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  • Western Union Business Solutions - Shared currency dives forcefully as debt concerns threaten Italy
    Solutions in Calgary told Reuters Regarding the 17 European Union nations that use the shared currency Italy is behind only Greece in ration of debt to output ratio The euro also touched its lowest value in four months when held up to the Japanese yen according to Reuters MarketWatch reports a lot of Italian sovereign bonds are under ownership of Japanese investors which poses sizable risks regarding the euro to yen comparison 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 dives as Spain Italy prepare to sell debt and Brussels summit awaits The value of the shared currency of the European Union dropped against the U S dollar on Monday ju Mexican currency drops against dollar as Spain Italy concerns rear Latin America s most traded currency lost slight ground Tuesday against the U S dollar on as on Tu Pound rises against the euro as concerns spread for Italy s debt The English pound gained in value on Wednesday against the shared currency of the European Union ami 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-dives-forcefully-as-debt-concerns-threaten-Italy.aspx (2012-12-22)
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  • Western Union Business Solutions - Euro remains pressured by Spanish, Greek troubles
    Normally that happens when things are getting more defensive and people are taking risk off the table By contrast the U S dollar and the Japanese yen both considered safe haven monetary units were driving toward weekly gains against most of their rival currencies The 17 nation monetary unit was heading toward a fourth weekly loss against the yen As the Group of Eight nations meetings kick off on Friday European leaders are likely to fall under a harsh scrutiny to keep debt riddled Greece among the euro zone Greece s election earlier this month did not deliver a clear victor and neither did follow up negotiations among the country s leading political parties For that reason voters in the Aegean nation will return to the polls in the middle of next month But Angela Merkel chancellor of Germany suggested the hobbled nation conduct another voting exercise The BBC reports Merkel said voters in the country should express their opinions as to whether to remain part of the euro zone when it attempts to vote for a new leader again She issued the suggestion during a conversation with President Karolos Papoulias of Greece a Greek spokesman said The leader of the nation hosting the euro zone s largest economy conveyed thoughts about a vote parallel to the election with the question to what extent do the Greek citizens wish to remain within the euro zone according to a statement issued by the interim prime minister of Greece However it is clear that the matter is beyond the competence of the caretaker government The elections have been scheduled for June 17 France which also conducted national elections on May 6 endorsed Greece remaining among the euro zone Francois Hollande a socialist who prevailed in the French election was in Washington when he endorsed Greece remain We have the same conviction that Greece must remain in the euro zone Hollande said according to the BBC Thus far this month the euro has dropped 4 percent against the U S dollar according to Reuters And those losses are likely to continue as both Greece and Spain struggle Even as position squaring dominates ahead of this weekend s summit of G8 leaders strong undercurrents of risk aversion persist as a result of which the U S dollar remains net bought on balance managing director of global FX strategy Samarjit Shankar with BNY Mellon in Boston told 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 A year later Greek economy still troubles Europe Greece gave European civilization the foundational elements of math philosophy and literature but Euro drops as Greek troubles mounts The value of the shared currency of the European Union dropped to an eight week low against the worl Greenback climbs as Spanish Greek struggles tug down euro The

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Euro-remains-pressured-by-Spanish-Greek-troubles.aspx (2012-12-22)
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  • Western Union Business Solutions - Rate hike pushes Aussie dollar to highest in over 25 years
    asset buying or quantitative easing a policy which should have a decidedly bearish impact on the world s reserve currency A survey of economists conducted by Bloomberg concluded that the Fed may buy about 500 billion worth of bonds in order to inject liquidity into the market While it may prove beneficial for the economy as a whole firms conducting international trade must be extraordinarily wary of the foreign exchange risk Billions of new dollars will put pressure on the value of the dollar making imports pricier and exports cheaper and big fund managers and banks may pour money into foreign assets which will boost the currencies of emerging and commodity rich nations 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 to highest rate since early May against U S dollar The value of the Canadian dollar pushed to its highest rate in more than three months against the U NZ Dollar Up Late as Market Moves Forward Forecasts for Next Rate Hike Wall Street Journal The New Zealand dollar traded higher recently on the back of expectations that Aussie Dollar Ends Two Day Drop Before Jobs Data New Zealand Dollar Gains Bloomberg After two days of declines against the US dollar the Australian currency finally found s 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

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Rate-hike-pushes-Aussie-dollar-to-highest-in-over-25-years.aspx (2012-12-22)
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  • Western Union Business Solutions - NZ Dollar Up Late as Market Moves Forward Forecasts for Next Rate Hike
    New Zealand to increase the official cash rate before the end of 2011 following the release Monday of higher than expected inflation data for the second quarter TD Securities has even warned of the possibility that the central bank will raise rates by half a percentage point at its next official cash rate meeting on July 28 reversing a rate cut of the same size made in March to cushion the economy after a devastating earthquake 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 NZ Dollar Up Late On Equity Markets Aussie Dollar Move Wall Street Journal Both the Australian dollar and its New Zealand neighbour traded higher Wednesda NZ Dollar Up Late As Australian Dollar Falls On One Off Tax Western Union Business Solutions Corporate Dealing Manager Chris Hunter contributed to a recent arti Swiss currency up on American dollar amid world markets uncertainty and possible rate hike With the global financial crisis still causing hesitation among stock market investors and traders 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/NZ-Dollar-Up-Late-as-Market-Moves-Forward-Forecasts-for-Next-Rate-Hike.aspx (2012-12-22)
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