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Forex Market Alerts
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EUR/USD, USD/CHF Flows − Dubai's Nakheel to suspend all 3 listed Sukuks; EUR dips
Mon, Nov 30 2009, 05:20 GMT
by FXMarketAlerts Team
Intraday Analysis from FXMarketAlerts.com
Receive FREE Weekly Strategies.Published at 05:13 (GMT) 30 Nov
Dubai's Nakheel says has asked for all 3 listed Sukuks on Nasdaqto be suspended until it is in a position to "Fully inform the market". On FX, EUR falls to 1.5043-45 from 1.5075-80 on renewed risk aversion on the above Dubai announcement that the Sukuks will be suspended till further notice. On the other hand, newswire reports Dubai World to pay Jafza bond coupon on Monday - source. USD/CHF jumps up to 1.0020-25 from 1.0005-10. EUR/USD edges back up to 1.5060-65 on Dubai World news - overall - showing nervous markets as market players are waiting for more information, risk aversion could rise again. USD/JPY at 86.40-45, AUD/USD down at 0.9166, eye 0.9100.WL
Published on Mon, Nov 30 2009, 05:50 GMT
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