Loonie pulled down against greenback by economic data

Posted On: May 31, 2012
The value of the monetary unit of Canada slipped Thursday against the U.S. dollar as a consequence of underwhelming employment data issued by the U.S. [More]

Category: Industry News

BNN: Currencies: Risk Off (Video)

Posted On: May 30, 2012
From BNN Mogens Hauschildt, Regional Director, Corporate Canada, Western Union Business Solutions, says we're in a "risk off" scenario when it comes to currencies and he favours the U.S. dollar and J... [More]

Category: Media Coverage

Canadian dollar slips as Spanish bond yields rise

Posted On: May 30, 2012
The Canadian dollar dipped in value against its southerly rival on Wednesday amid growing worries for the hobbled banking system in Spain. [More]

Category: Industry News

Yuan slips against dollar as pact with Japan set to start

Posted On: May 29, 2012
The value of the monetary unit of China dropped against the world's reserve currency on Tuesday, pushed down by design of the central bank amid worries about the shared currency of the European Union weakening with the stress of the sovereign debt crisis harming Spain's financial institutions. [More]

Category: Industry News

Growth in Asia, North America push up loonie against rivals

Posted On: May 29, 2012
The value of the Canadian dollar gained against most of its rival currencies Tuesday amid strong indications of growth in Asia and North America. [More]

Category: Industry News

This is Money: Greece Continues to Weigh on Sentiment

Posted On: May 28, 2012
From This is Money The FTSE 100 Index, which started on the front foot in early trading, is 16 points lower at 5333 as the woes of Spain’s fourth-largest lender, Bankia, holds the wider eurozon... [More]

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Bloomberg: Euro Declines Most in 2012 on Deepening Turmoil in Spain

Posted On: May 26, 2012
From Bloomberg Businessweek “Risk appetite itself has traced its undulation to the movements in the euro,” Ravi Bharadwaj, a market analyst in Washington at Western Union Co. (WU) (WU)&rs... [More]

Category: Media Coverage

Brazil sees brief respite in losses to real

Posted On: May 25, 2012
The Brazilian real, the currency of Latin America's largest economy, mounted a minor rally after weeks losses brought on by an uncertain economic climate. [More]

Category: Industry News

This is Money: Greece Continues to Weigh on Sentiment

Posted On: May 25, 2012
From This is Money The FTSE 100 Index, which started on the front foot in early trading, is 16 points lower at 5333 as the woes of Spain’s fourth-largest lender, Bankia, holds the wider eurozon... [More]

Category: Media Coverage

Aussie, kiwi recover slightly as investors question pessimism

Posted On: May 24, 2012
The dollars of Australia and New Zealand have seen a major sell-off in recent weeks as concerns about the growing crisis in the euro zone has gripped global markets. [More]

Category: Industry News