The National: Paying in yuan can boost wallet

Posted On: March 31, 2013
From The National: UAE traders could save more than US$200 million (Dh734.5m) a year by settling trade with China in the yuan, research by Western Union has found. The majority of small to medium-si... [More]

Category: Media Coverage

Yen slogs toward another monthly loss against greenback

Posted On: March 29, 2013
Anticipations for the resumption of additional monetary easing following next week's Bank of Japan policy maker meetings pushed the monetary unit of the Pacific Rim nation toward its longest monthly bearish streak on foreign exchange markets in more than 10 years, according to Bloomberg. [More]

Category: Industry News

Real climbs as speculation mounts about intervention

Posted On: March 28, 2013
The monetary unit of the largest economy in Latin America advanced to its top value in seven days on Thursday on foreign exchange markets amid conjecture that policy makers with the central bank will permit the currency to grow stronger, according to Bloomberg. [More]

Category: Industry News

Aussie, Kiwi slip against yen for second consecutive session

Posted On: March 28, 2013
South Pacific monetary units lost value on Thursday on foreign exchange markets against the Japanese yen, slipping for a second consecutive trading session, according to Bloomberg. [More]

Category: Industry News

Business Recorder: Euro hovers near four-month low versus dollar

Posted On: March 28, 2013
From Business Recorder: Stronger-than-expected data on US home prices and new orders for long-lasting manufactured goods also underscored the divergence between the economy of the United States and t... [More]

Category: Media Coverage

Market Leader: Trade Balance Stats Support New Zealand Dollar

Posted On: March 28, 2013
From Market Leader: The New Zealand Dollar remains strong despite the fact that the negative economic and financial situation in the eurozone in general and Cyprus in particular keeps affecting globa... [More]

Category: Media Coverage

Loonie fluctuates against dollar as stronger production data released

Posted On: March 28, 2013
The monetary unit of Canada hovered against the world's reserve currency on Thursday on foreign exchange markets as the nation's economy developed more quickly than forecast in January, according to Bloomberg. [More]

Category: Industry News

Yen pushes higher as Cyprus banks re-open

Posted On: March 28, 2013
The monetary unit of Japan surged to its top value in about 30 days on Thursday on foreign exchange markets as banks in Cyprus opened their doors again for the first time since the nation's leaders committed to a bailout deal, according to Bloomberg. [More]

Category: Industry News

Real climbs against dollar after central bank offers swaps

Posted On: March 27, 2013
The monetary unit of the largest economy in Latin America pushed to its top value in 60 days on Wednesday against the world's reserve currency on foreign exchange markets after the nation's central bank intervened with efforts to preserve the strength of the currency, according to Bloomberg. [More]

Category: Industry News

Loonie gains after consumer prices climbed last month

Posted On: March 27, 2013
The monetary unit of Canada pushed ahead against most of its top rivals on Wednesday against foreign exchange markets in the aftermath of economic data indicating consumer prices increased at the most rapid pace in more than two decades last month, according to Bloomberg. [More]

Category: Industry News