Pound rises on European optimism

Posted On: January 31, 2012
The British pound rose to a 10-week high against the dollar as increased optimism concerning European leaders reaching a deal helped to push the currency past its American counterpart [More]

Category: Industry News

Canadian dollar stumbles on European concern

Posted On: January 30, 2012
The Canadian dollar dropped against its southerly counterpart for the first time in four days as concerns about the EU debt crisis may be affecting demand for riskier assets. [More]

Category: Industry News

Euro drops from six-week high due to Greek uncertainty

Posted On: January 30, 2012
The euro dropped 1 percent from a six-week high against the dollar and fell to a four-and-a-half month low versus the Swiss franc on January 30. [More]

Category: Industry News

Businesses Seek Better Control of Global Payments

Posted On: January 30, 2012
Businesses Seek Better Control of Global Payments. New Western Union Survey Finds Hidden Transaction Costs a Major Pain Point for Small and Medium Enterprises (SMEs).

ENGLEWOOD, Colo., January 30, 2012 -- The Western Union Company (NYSE:WU), a leader in global payment services, today announced the results of a survey which finds that despite advances in technology, cross border payments continue to present challenges for businesses.... [More]

Category: News Releases

Eyes fall on SNB for possible easing within days

Posted On: January 27, 2012
Officials with the central bank of Switzerland are likely to soon embark on an intense sale of the nation's monetary unit as one strategy of preserving the currency's ceiling against the shared currency of the European Union, a Deutsche Bank strategist said. [More]

Category: Industry News

Yen benefits from Greek troubles

Posted On: January 27, 2012
Struggles between officials in Greece and its private creditors drove investors toward the Japanese yen, which increased in value on Friday against the shared currency of the European Union. [More]

Category: Industry News

Aussie, Kiwi continue upward drive

Posted On: January 27, 2012
South Pacific monetary units' strong performance this week resumed on Friday. [More]

Category: Industry News

Euro's rally resumes after Italian bond sale

Posted On: January 27, 2012
The value of the shared currency of the European Union advanced for a fifth consecutive day on Friday, driven higher on the final day of a strong week by bond yields dropping after Italy's debt auction. [More]

Category: Industry News

FOMC statement benefits Singapore dollar

Posted On: January 26, 2012
The value of the Singapore dollar rose against the world's reserve currency on Thursday, following a similar trajectory of regional monetary units. [More]

Category: Industry News

Swiss franc gains as officials recommend close scrutiny

Posted On: January 26, 2012
The value of the Swiss franc spiked higher on Thursday against its counterpart currencies. [More]

Category: Industry News