14 Results for:

April 17, 2007

Financial Markets
Saudi riyal, Kuwait dinar, UAE dirham hit multi-year lows v. the pound …

They are also getting close to a record low v. the euro. Yet oil is, well, still rather strong.   Against the dollar.  But also against the pound and euro.   The euro and pound have gained significan…

April 3, 2007

Financial Markets
GCC revaluation watch

The US housing boom is – rather clearly – over.   The Federal Reserve is – at least in the eyes of the market – more likely to cut than to raise US policy rates.    The dollar is rather weak, at leas…