Euro fluctuates versus the dollar

Posted On: May 31, 2011
The euro lost ground to the U.S. dollar on Monday, a federal holiday in the United States, as observers and investors kept a close eye on Greece's status. [More]

Category: Industry News

Chinese economic practices call close review

Posted On: May 31, 2011
The Chinese yuan gained in value against the dollar over the long weekend in the United States. [More]

Category: Industry News

Inflation in the EU slows, interest rates are put on hold

Posted On: May 31, 2011
Inflation in the European Union slowed in May to 2.7 percent from 2.8 percent, which showed a change that was not forecasted by economists, Bloomberg reported. [More]

Category: Industry News

Central and South American currencies gain against dollar

Posted On: May 31, 2011
At least four of Latin America's stronger currencies strengthened against the U.S. dollar as the nation struggled with slackening growth. [More]

Category: Industry News

NZ Dollar Up Late As Business Confidence Soars

Posted On: May 31, 2011
Wall Street Journal: Among the experts interviewed for a recent Wall Street Journal market update was Western Union Business Solutions Corporate Dealing Manager in Auckland, Chris Hunter. Wall Street... [More]

Category: Media Coverage

Loonie looks to bounce back from four straight weekly losses

Posted On: May 31, 2011
The Canadian dollar has seen better days. Make that weeks. [More]

Category: Industry News

China again escapes label of currency manipulator

Posted On: May 27, 2011
China, the owner of the globe's hottest and most rapidly expanding economy, did not manipulate its currency as part of a strategy to empower its trade advantage, the U.S. Department of the Treasury said on Friday. [More]

Category: Industry News

U.S. dollar drops as counterparts' currencies rise

Posted On: May 27, 2011
Experts speculate that the Federal Reserve may trail behind other central bank systems in raising interest rates, especially after lower-than-expected consumer spending and a drop in the dollar against 16 of its top-traded counterparts. [More]

Category: Industry News

Dollar drops as markets await end of QE2

Posted On: May 27, 2011
The value of the U.S. dollar plunged Friday when compared to 16 counterpart currencies amidst less spending by U.S. consumers than amounts anticipated. [More]

Category: Industry News

Bank of Greece chief expresses confidence in nation's debt repayment status

Posted On: May 27, 2011
Greece will be fine, will honor its debt and will not need to restructure its repayment plan, according to the Bank of Greece president whose words pushed up the value of the euro when compared to the dollar. [More]

Category: Industry News