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Author: Tina Reyes

Speculators Downplay Debt Problems In Dubai

The U.S. Dollar is declining overnight as speculators are downplaying the debt problems in Dubai. Over the week-end, the United Arab Emirates central bank said it “stands behind” the country’s lenders.  This helped to ease...

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U.S. Dollar Climbs Sharply Higher

The U.S. Dollar is climbing sharply higher as global investors dump stocks and commodities on concerns about Dubai World’s debt problems.  Fear is racing through the global investment community, making lower-yielding assets such...

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