Media Coverage

Greece Debt Talks Keep Traders on the Sidelines

Posted On: January 20, 2012
This Is MONEY: Market participants appeared to remain skeptical of the developing Greece debt deal, with the euro seeing little benefit from rumours of an approaching resolution. Scott Smith, Corporat... [More]

Category: Media Coverage

NZ Dollar Flat Late; Pares Overnight Gains

Posted On: January 19, 2012
Wall Street Journal: A weak reading of fourth-quarter Consumer Price Index numbers in New Zealand resulted in the local currency suddenly dropping from its previous high of $0.8081 US. Chris Hunt... [More]

Category: Media Coverage

New Zealand Central Bank Hold Interest Rates

Posted On: January 19, 2012
Corporate FX: In an attempt to boost its country's economic recovery, New Zealand's central bank opted to hold interest rates at a record low. Chris Hunter, Dealing Manager at Western Union Business S... [More]

Category: Media Coverage

Banks Surge as Eurozone Debt Worries are Eased

Posted On: January 19, 2012
This is MONEY: David Starkey, Senior FX Trader at Western Union Business Solutions, comments for a January 19th update from This is MONEY. This is MONEY: Banks surged by as much as 10 per cent today... [More]

Category: Media Coverage

NZ Dollar Up Late On Equity Markets, Aussie Dollar Move

Posted On: January 18, 2012
Wall Street Journal: Both the Australian dollar and its New Zealand neighbour traded higher Wednesday, boosted by equity markets and the euro. David Greene,  Senior Corporate FX Dealer at Western... [More]

Category: Media Coverage

Olympic Gold: Dollar Hits 27-Year High Against Pound

Posted On: January 18, 2012
News.com.au: The Australian dollar rose to its highest value against the British pound since 1985 on Wednesday, giving the many Australians who plan to travel to London for the upcoming Summer Olympic... [More]

Category: Media Coverage

Slower Growth of Not, Investors Shun China at Own Risk

Posted On: January 18, 2012
CNBC: In spite of slowing growth and the looming possibility of a crash, investors can't still afford to ignore China completely, argues a recent article on CNBC. Karl Schamotta, Senior Market Strate... [More]

Category: Media Coverage

Chancellor's Yuan Trading Hub Could Revolutionise Global Trade

Posted On: January 16, 2012
Fresh Business Thinking: On January 16th, the UK's treasury announced its intention to transform its capital city into a trading hub for the Chinese yuan. David Sear, Chief Operating Officer at Weste... [More]

Category: Media Coverage

Spain and Italy Debt Auctions Beat Hopes

Posted On: January 12, 2012
This Is Money: Encouraging outcomes of debt auctions in Italy and Spain helped to ease some of the fears over the ongoing debt crisis in the euro zone. Meanwhile, data out of the US suggested that ret... [More]

Category: Media Coverage

Overcome Four Obstacles to Growth in 2012

Posted On: January 03, 2012
Bloomberg Businessweek: Business strategists--including Karl Schamotta, Senior Market Strategist for Western Union Business Solutions in Calgary--pinpoint impending challenges and offer advice to help... [More]

Category: Media Coverage