• From: Essex
  • Registered: 2009-12-12
  • Posts: 2

Topic: Abu Dhabi has stepped in to help Dubai with a $10 billion injection

Foreign Exchange Rates - Overnight/Morning Ranges:

EURO/USD 1.4609 - 1.4682   

GBP/USD 1.6193 - 1.6322   

GBP/EURO 1.1055 - 1.1120

The dollar had a good day on Friday after stronger than expected US data lent broad support to the US currency coupled with worries about European sovereign debt downgrades continuing to weigh on the Euro. The dollar has given back some of Fridays gains after an announcement that Abu Dhabi has stepped in to help Dubai with a $10 billion injection, of which $4.1 bn has been allocated to Dubai world to pay immediate obligations.

European stock index futures are indicating strong opening gains from Fridays closing levels.


EUR/USD currently 1.4650  Support 1.4500, resistance 1.4800.

GBP/USD currently 1.6250. Support 1.6150, resistance 1.6350.

GBP/EUR currently 1.1085 Support 1.0850, resistance 1.1100.

Oil $ 71.75     Gold $ 1123     

Stock Markets:

Dow +0.63%     FTSE opening +1.08%     Nikkei  flat

  • Registered: 2011-02-05
  • Posts: 3

Re: Abu Dhabi has stepped in to help Dubai with a $10 billion injection

Nice smile

  • Registered: 2011-02-08
  • Posts: 1

Re: Abu Dhabi has stepped in to help Dubai with a $10 billion injection

thanx mate

  • From: Mount Holly
  • Registered: 2011-09-26
  • Posts: 1

Re: Abu Dhabi has stepped in to help Dubai with a $10 billion injection

There seems to be no end to this crisis that is happening in Europe and UK.

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Last edited by kathleenhouck (2011-10-12 03:24:53)

  • Registered: 2011-11-15
  • Posts: 4

Re: Abu Dhabi has stepped in to help Dubai with a $10 billion injection

Nice one...Good quotes.

  • From: Bristol
  • Registered: 2012-01-29
  • Posts: 2

Re: Abu Dhabi has stepped in to help Dubai with a $10 billion injection

that was old post by this time it goes to south by the way for a0 printing and Large photo prints are the good for image print.

  • Registered: 2012-02-27
  • Posts: 4

Re: Abu Dhabi has stepped in to help Dubai with a $10 billion injection

This will end our crisis in UK


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  • Registered: 2012-03-07
  • Posts: 5

Re: Abu Dhabi has stepped in to help Dubai with a $10 billion injection

particularly i prefer Abu Dhabi than Dubai, it seems like Dubai is a bit exceed.  big_smile