Archive for November 27th, 2009

Mexico's Peso Posts Weekly Advance on Fitch's Outlook Shift
Bloomberg
HSBC forecasts an exchange rate of 12.90 for the same period, Martin said. The peso will trade at 13 per dollar by year-end, according to the median
Colombia's Peso Declines as Dubai Debt Concerns Hurt DemandBloomberg

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CBC.ca
Wall Street retreats on Dubai debt worries
Xinhua
Dubai, which borrowed 80 billion US dollars in a four-year construction boom, suffered the world's steepest property slump in the global recession,
Daily State of the Markets: Time To Don The Helmet?StreetInsider.com (subscription)
Dubai facing long term damage over debt worriesLaos News
Asian stock markets tumbled amid Dubai fearsCCTV
Benzinga -Monsters and Critics.com -Boerse-express.com
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RTE.ie
Oil prices fall on concerns of Dubai debt crisis
Xinhua
As Dubai asked lenders for a six-month reprieve on payments for about 60 billion US dollars in debt, investors were worried that the debt problems in the
Dubai, US dollar, RBS, holiday – VialouxNational Post
Oil prices take temporary dipEdmonton Sun
Commodity markets swerve on Dubai fearsBusiness News Network

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Spiegel Online
Britain, France propose $30 bln green fund
Xinhua
27 (Xinhua) — Britain and France are proposing to back anti-climate change action with 30 billion US dollars via an environmental fund that will be spent
China stresses stable economic policyCCTV
The ball is in developed countries' courtXinhua

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ABC News
Daily Forex Snapshots Risk Appetite Recovers But Sovereign Debt Concerns Still
ACM
After the early drama of gold's $50 plunge down to $1137.86 lows, risk appetite has recovered strongly thanks to European equities rallying into positive
Dubai debt fears remain focus in world marketsThe Associated Press

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TopNews United Kingdom (blog)
WORLD FOREX: Dollar Trims Gains As Dubai Fears Subside
Wall Street Journal
"For now, the market is taking the view that the Dubai debt issue may be a storm rather than a hurricane," said Jane Foley, a research director at Forex.com
Swiss National Bank Intervenes in Forex MarketsWall Street Journal (blog)
Gold in Swiss Francs – Tuesday 24 th November 2009BullionVault
Forex: Greenback Stabilizes After Hitting Yearly LowsForexTV.com
Wall Street Journal -Wall Street Journal
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Dubai debacle shows dollar not yet dead, economists say
Toronto Sun
"I would be extremely surprised if (reserves in US dollars) were to fall below 50% over the next 5-6 years," Marion recently told QMI.

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MiamiHerald.com
Oil prices fall on concerns of Dubai debt crisis
Trend News Agency
As Dubai asked lenders for a six-month reprieve on payments for about 60 billion US dollars in debt, investors were worried that the debt problems in the
Dubai, US dollar, RBS, holiday – VialouxNational Post

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FOREX WEEK AHEAD: Dubai Debt Worries Could Revive Dollar
Wall Street Journal
TORONTO (Dow Jones)–Dubai World's debt standstill could darken prospects for the euro and other risk-sensitive
Forex: Euro Rebounds Versus Dollar And YenForexTV.com

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Forex: Dollar Rally Fizzles As Risk Appetite Persists
ForexTV.com
(rttnews) – The dollar wobbled against other major currencies on Friday, giving back some of its Thanksgiving Day gains in quiet trading.

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