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Middle East Forex Market News is an EIN News Service for FOREX trading professionals. Constantly updated news and information about Middle East FOREX Trading.
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  • FOREX-Dollar falls as UAE c.bank moves steady nerves 30 Nov 2009 09:26 GMT
    ... LONDON, Nov 30 (Reuters) - The dollar weakened ... bank statement gives some assurance to the market and that's what has triggered the positive ... triggered the positive reaction in Asian stock markets," said Niels Christensen, currency strategist at Nordea ...

  • Dubai's Crisis: Implications for Stocks and Global Markets 30 Nov 2009 09:17 GMT
    ... the direction of risk appetite and global markets appears likely to be the Dubai debt ... holidays. Thus the volatility generated by this market moving news was exaggerated by the small ... aversion was the primary driver of the forex markets as USD/JPY dropped to a 14 ...

  • FOREX-Dlr, yen fall after UAE central bank moves 30 Nov 2009 07:31 GMT
    ... * Yen falls broadly as charts suggest its rally ... emergency assistance to banks in Dubai, soothing market fears about a looming debt default. The ... percent to $0.9170 UD=D4> as Asian stock markets sprang higher after last week's sell-off. The ...

  • FOREX-Dollar edges down after UAE central bank moves 30 Nov 2009 00:54 GMT
    ... * Yen falls broadly as charts suggest its rally ... assistance to banks in Dubai, soothing the market fears about a looming debt default. The ... saying he would not intervene in currency markets and that now is a time to ...

  • Dubai Debt Fallout Remains Focus In World Markets 30 Nov 2009 14:32 GMT
    ... Dubai Debt Fallout Remains Focus In World Markets European stock markets fell modestly Monday amid ... Europe," said Jane Foley, research director at Forex.com. In Europe, the FTSE 100 index of ... bull run. Earlier in Asia, nearly every market traded higher, with Japan's Nikkei 225 stock ...

  • FOREX-Dlr falls as nerves steady after UAE c.bank moves 30 Nov 2009 07:50 GMT
    ... * Yen gives ground as charts suggest rally overdone ... emergency assistance to banks in Dubai, soothing market fears about a looming debt default. The ... on nervousness about Dubai, with Asian stock markets climbing and recouping some of last week's ...

  • FOREX-Dollar weakens vs euro on strong data, Dubai optimism 30 Nov 2009 21:03 GMT
    ... * UAE emergency support seen stabilizing Dubai situation * ... director of foreign exchange at ING Capital Markets in New York, citing weakness in stocks. ... portfolios, he added. Since the U.S. stock market rallied in November -- the S&P 500 ...

  • WORLD FOREX: Euro Up Vs Dollar, Yen As Dubai Concerns Ease 30 Nov 2009 06:12 GMT
    ... TOKYO (MarketWatch) -- The euro rose against the ... Dubai issue appears more stable to the market than it did on Friday,” said Jun ... $1.5100 and Y131.50 later if global share markets are strong following the gains in Asia, ...

  • FOREX-Dollar slips as Dubai debt fears ease; yen weakens 30 Nov 2009 14:50 GMT
    ... * Dollar index down 0.4 pct at 74.70 * ... concerns about a looming debt default. But market sentiment remained fragile, with the dollar briefly ... all, last week just shows how vulnerable markets are to any fears." In early trading, ...

  • FOREX-Dollar weakens vs euro on strong data, Dubai optimism 30 Nov 2009 19:10 GMT
    ... * UAE emergency support seen stabilizing Dubai situation * ... director of foreign exchange at ING Capital Markets in New York, citing weakness in stocks. ... portfolios, he added. Since the U.S. stock market rallied in November -- the S&P 500 ...

  • FOREX-Dollar down on UAE moves; Japan comments hit yen 30 Nov 2009 12:36 GMT
    ... LONDON, Nov 30 (Reuters) - The dollar fell ... dollar fell on Monday after the United Arab Emirates said it would stand behind banks ... showed signs of decoupling from other asset markets as European trading picked up. European stocks ...

  • Dubai debt fallout remains focus in world markets; all eyes on Wall Street open 30 Nov 2009 14:34 GMT
    ... LONDON (AP) - European stock markets fell modestly Monday amid concerns about Dubai's ... Dubai's debt problems, even though the United Arab Emirates' central bank pledged to stand behind ... Europe," said Jane Foley, research director at Forex.com. In Europe, the FTSE 100 index of ...

  • Dubai debt fallout remains focus in world markets 30 Nov 2009 14:31 GMT
    ... Europe," said Jane Foley, research director at Forex.com. In Europe, the FTSE 100 index of ... 0.6 percent, lower at 3,700.95. Earlier, Asian markets rebounded by around 3 percent after tumbling ... bull run. Earlier in Asia, nearly every market traded higher, with Japan's Nikkei 225 stock ...

  • Currency Markets This Week: Nov 30 30 Nov 2009 05:22 GMT
    ... World markets tumbled last week amid a global sell-off ... rescheduling. Dubai, part of the oil-exporting United Arab Emirates, said on Wednesday it would ask ... senior analyst of the currency broker company Forex Signs Inc., said the shadow of Dubai's debt ...

  • Financial: UAE Central Bank Offers Extra Liquidity To Banks 30 Nov 2009 05:54 GMT
    ... financial advisor if you have any doubts. Forex (or FX or off-exchange foreign currency futures ... and geopolitical events is already factored into market prices. The leveraged nature of FX trading means ...


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