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  • Western Union Business Solutions - Rand falls in anticipation of central bank governor's Saturday remarks
    told Bloomberg noting significant speculation is afoot The rand s losses against the world s reserve currency at one point Friday afternoon were 2 6 percent distinguishing itself as the worst performing of at least 20 currencies of emerging market nations tracked by Bloomberg Reuters reports South African stocks dropped 1 3 percent on Friday marking their first decline of the year The news service attributes the losses to challenges in Greece which is attempting to secure its second bailout since June 2010 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 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 Gold prices slip as central banks easing falls in question Skepticism about whether central banks around the world will actually move forward with plans to int Anticipation for central bank meeting drives down Aussie The monetary unit of Australia slid on Monday as conjecture mounted regarding the likelihood of 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/Rand-falls-in-anticipation-of-central-bank-governors-Saturday-remarks.aspx (2012-12-22)
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  • Western Union Business Solutions - Peso closes four days of drops to greenback
    of the equivalent of 7 86 billion worth of debt which approaches double the maximum target set for the auction Healthy demand for the securities pushed up the value of Spanish bonds One day prior the Mexican peso touched its lowest value against the U S dollar since November 29 according to Dow Jones Newswires Mexico is preparing for the Friday release of policy meeting minutes from December 2 the final meeting of the year when the bank of Mexico did not move interest rates from 4 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 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 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 Mexican peso drops against greenback Losses of Latin America s most traded currency continued Friday against the world s reserve currency 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/Peso-closes-four-days-of-drops-to-greenback.aspx (2012-12-22)
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  • Western Union Business Solutions - South African rand climbs on strength of Chinese manufacturing increase
    penned by BNP Paribas analysts Hence we would expect some outperformance of the rand in case of a risk on environment The monetary unit also sustained its advances following news of growth for the German manufacturing sector which surpassed projections forecast by economists Reuters reports foreign investors last week purchased the equivalent of 990 million worth of South African bonds in rands marking the largest weekly purchase in more than one year 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 South African rand endures pressure of sovereign debt crisis The value of the monetary unit of the African continent s largest economy pulled back from its highe South African rand falls amid prospects presented by Brussels agreement Tuesday saw the monetary unit of the nation hosting the African continent s largest economy drop in South African rand pulled down by poor pace of global growth The monetary unit of the largest economy on the African continent dropped in value against the world 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/South-African-rand-climbs-on-strength-of-Chinese-manufacturing-increase.aspx (2012-12-22)
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  • Western Union Business Solutions - Dollars of Australia, New Zealand climb in value as Asian stocks rally
    rate gains while no rate increase is expected for a while in Australia The Australian dollar grew in value against the Japanese yen as did the New Zealand dollar Despite the rises in value significant dangers are in play this week according to Dow Jones Newswires A governor at the RBA told the news service earlier this month that the bank considered increasing interest rates suggesting a measure of conflict in the body since the bank is expected to lower rates 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 Dollars of Australia New Zealand increase following Bernanke speech Asian stocks increase pushed up the value of the Australian dollar Monday as the Aussie arrived at New Zealand Australia see their dollars soar in value The dollars of Australia and New Zealand boosted amid economic data supporting their rise in value Dollar slips as euro climbs in value The euro climbed to its highest value in one month Wednesday morning as hopes rose for a pact to sta 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

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Dollars-of-Australia-New-Zealand-climb-in-value-as-Asian-stocks-rally.aspx (2012-12-22)
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  • Western Union Business Solutions - Euro falls after IMF suggests debt purchases might continue next year
    crisis European head of global markets research Derek Halpenny with Bank of Tokyo Mitsubishi UFJ Ltd in London told the news source Over the short term the upside in the current market environment of no news is limited for the shared currency Officials in two time bailout recipient Greece have been conducting discussions with the European Commission the European Central Bank and the International Monetary Fund for the past 60 plus days regarding austerity measures Reuters reports the monetary unit fell to its lowest value since the first of this month against the U S dollar and 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 s slide continues as debt worries mount Concerns about the euro zone s debt problems sent investors fleeing from the common currency Monday Euro s dive to continue amid inability to control debt The value of the shared currency of the European Union is set to continue its downward slope amid co 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 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

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Euro-falls-after-IMF-suggests-debt-purchases-might-continue-next-year.aspx (2012-12-22)
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  • Western Union Business Solutions - Shared currency performs strongly as analysts, investors anticipate weekend summit
    Swiss franc MarketWatch reports the euro s climb against the dollar come amid choppy trading while investors waited on whether the EFSF will be approved this weekend Though some reports indicate leaders already have approved the EFSF MarketWatch reports the deal has not been consummated citing information from Dow Jones Newswires As we get ever closer to the Oct 23 euro group summit markets become ever more susceptible to risk and rumor not least as the data backdrop is relatively modest at least on the euro side of the agenda states a note penned by currency strategist Jeremy Stretch with CIBC in London But the euro did continue its upward drive against the U S dollar from Tuesday evening The dollar index a metric that gauges the greenback s performance when compared to six rival currencies dropped from Tuesday Reuters reports the buying preference of Middle Eastern and Asian traders was the shared currency over the world s reserve currency The euro was driving toward its highest value in 30 days against the dollar earlier this week The month of October has been kind to the euro Reuters reports likely because euro zone leaders have re doubled efforts to more aggressively confront damages caused by the sovereign debt crisis Those efforts include widening the amount of the EFSF re capitalizing regional banks subject to risk of bad loans and fallout of a Greek default and isolating the contagion of the sovereign debt scourge One FX strategist told Reuters that significant anticipation is building for the weekend summit This morning is not the time to bet that the weekend is going to end in failure Chris Turner with ING told Reuters The euro may gap lower and people may chase it lower on Monday morning if nothing materializes but this morning isn t the time to put that trade on The Wall Street Journal notes that not only is a euro zone meeting in the offing but a vital vote is set for Thursday in Greece one core nation of the sovereign debt crisis Legislators in the Aegean nation are preparing for an austerity vote but doubts remain strong regarding the EFSF s likelihood of success The potential stumbling blocks over the issues of bank recapitalization and the development of the EFSF are still huge senior currency strategist Jane Foley with Rabobank told The Wall Street Journal There is a clear risk that this weekend s crucial leaders meeting will provide disappointment The euro may have set itself up for a fall 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 Currency risk an issue for investors economist writes Canada s dollar has risen sharply this year and reached parity with the U S dollar in November But Shared currency drives higher amid regional meetings Monday saw the common

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Shared-currency-performs-strongly-as-analysts-investors-anticipate-weekend-summit.aspx (2012-12-22)
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  • Western Union Business Solutions - Dollar, euro lose value to yen, franc
    are not very strong but they help the dollar is better bid with the Japanese yen outperforming Emmanuel Ng Overseas Chinese Banking currency economist told Dow Jones Newswires that the drive of various currencies directly correlated with commodities has waned and lost drive As an example he noted the Australian dollar struck top levels three times in the past 14 days so it might have been overdone MarketWatch reports the U S dollar did gain some versus several rival currencies excluding 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 Franc loses value to euro U S dollar The monetary unit of Switzerland endured losses to rival currencies Thursday following the Swiss Nat Euro drops as U S dollar Swiss franc gain The European Union s shared currency lost value against the U S dollar and the Swiss franc amid con Euro surges against dollar franc The euro rose on Wednesday to a two month high against the dollar and a four week high against the 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 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/Dollar-euro-lose-value-to-yen-franc.aspx (2012-12-22)
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  • Western Union Business Solutions - Franc slumps to dollar, yen, pound
    told the news service Successes of last week include leaders in the euro zone raising the additional of the equivalent of 267 billion to a bailout fund and restricting rules that would prevent similar debt scourges from ravaging the region in the future RTT News reports the franc is rapidly approaching its lowest price in two months when held against the Japanese yen It also scraped its lowest value in more than seven months when held against 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 Manufacturing reports drop dollar yen franc The globe s reserve currency and two renowned safe haven monetary units decreased in value on Tuesda Dollar euro lose value to yen franc The European Union s shared currency and the U S dollar decreased in value against the Japenese yen Euro advances against dollar yen pound after Greek vote The 17 nation common currency gained in value against the U S dollar on Monday amid optimism for th 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

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Franc-slumps-to-dollar-yen-pound.aspx (2012-12-22)
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