<?xml version="1.0" encoding="iso-8859-1"?><?xml-stylesheet href="http://www.congoo.com/css/rss.css" type="text/css" media="screen"?><rss version="2.0"><channel><title>Forex-markets News - Congoo</title><link>http://www.congoo.com/feed/newschannelsfeed.aspx?chid=69&amp;catid=77</link><description>News Feed for - Forex-markets</description><item><title>Oil falls amid Dubai debt default fears</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96486320&amp;Channel_ID=69&amp;Category_ID=77</link><pubDate>2009-11-27T10:04:00</pubDate><description>LONDON (Reuters) - Oil prices sank to a six-week low below $73 a barrel on Friday as fears of debt default in Dubai convulsed financial markets and the dollar rose as investors moved into safer assets. </description><source>Reuters UK</source></item><item><title>Dubai fund asks for time to reorganize debts</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96469927&amp;Channel_ID=69&amp;Category_ID=77</link><pubDate>2009-11-27T10:48:00</pubDate><description>The government of Dubai, in a blunt acknowledgment of the severity of its financial position, said that it had asked its banks for a six-month stay on its schedule of debt repayments. The terse statement </description><source>NDTV Profit</source></item><item><title>Dubai debt fears hit shares again</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96452101&amp;Channel_ID=69&amp;Category_ID=77</link><pubDate>2009-11-27T09:00:00</pubDate><description>Problems at The World? Development company Nakheel's stand-out project Worries over Dubai's debt problems have driven down Europe's share markets for the second day running. The main share indexes in </description><source>BBC</source></item><item><title>Shares tumble, yen surges on Dubai fears</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96610839&amp;Channel_ID=69&amp;Category_ID=77</link><pubDate>2009-11-27T09:22:00</pubDate><description>HONG KONG (Reuters) - Asia stocks slumped on Friday as shockwaves from Dubai's debt crisis hit the region, shaking banking shares and boosting the yen to a fresh 14-year high against a struggling dollar </description><source>Reuters Canada</source></item><item><title>Dollar Sinks To Fresh 14-year Low Vs Yen</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96533200&amp;Channel_ID=69&amp;Category_ID=77</link><pubDate>2009-11-27T10:47:00</pubDate><description>Dollar Sinks To Fresh 14-year Low Against Yen As Dubai Worries Drive Investors Away From Risk</description><source>CBS News</source></item><item><title>FOREX-Yen, dollar surge on Dubai woes; Japan warns on FX</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96635187&amp;Channel_ID=69&amp;Category_ID=77</link><pubDate>2009-11-27T09:15:00</pubDate><description>MARKETS-FOREX (UPDATE 3): * Yen hits another 14-year high on dollar, through 85 yen * Pro-risk trades unwound on concerns about Dubai debt * Japan finmin raises prospect of G7 joint statement on FX * </description><source>Forbes.com</source></item><item><title>WRAPUP 1-INDIA MARKETS-Indian shares, rupee rattled by Dubai</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96473629&amp;Channel_ID=69&amp;Category_ID=77</link><pubDate>2009-11-27T10:06:00</pubDate><description>MUMBAI, Nov 27 (Reuters) - Indian stocks and the rupee skidded on Friday as Dubai's debt woes sparked fears over corporate exposure to a key trading partner and that foreign funds will lose their appetite </description><source>Forbes.com</source></item><item><title>Deflation, surging yen threaten Japan's recovery</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96607552&amp;Channel_ID=69&amp;Category_ID=77</link><pubDate>2009-11-27T12:19:00</pubDate><description>TOKYO -- Japan got word Friday that prices fell again in October, just as a surging yen threatens to worsen the deflation that is undermining the country's fragile economy. The core consumer price index, </description><source>Washington Post</source></item><item><title>Canadian dollar sinks as oil slides on Dubai woes</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96645893&amp;Channel_ID=69&amp;Category_ID=77</link><pubDate>2009-11-27T10:06:00</pubDate><description>EST T Traders say the loonie is down partly because oil has dropped more than $3.40 to trade at $74.54 a barrel. Oil is down because of massive financial problems in Dubai, where the emirate's main development </description><source>Globe and Mail</source></item><item><title>RPT-PRECIOUS-Gold falls on dlr, hedging demand cited on dips</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96619976&amp;Channel_ID=69&amp;Category_ID=77</link><pubDate>2009-11-27T11:31:00</pubDate><description>* Gold briefly fell as low as $1,166.75/oz, down 2.2 pct</description><source>Reuters Africa</source></item><item><title>Nikkei plunges on stronger yen crippling exporters, concern over Dubai debt</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96544705&amp;Channel_ID=69&amp;Category_ID=77</link><pubDate>2009-11-27T11:38:00</pubDate><description>Japan's 225-issue Nikkei Stock Average plummeted more than three percent Friday to close below the 9,100 level, marking a fresh four month low. Japanese exporters continued to suffer as the yen's sharp </description><source>People's Daily Online</source></item><item><title>JGB 5-yr yield hits 4-yr low on yen surge</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96638408&amp;Channel_ID=69&amp;Category_ID=77</link><pubDate>2009-11-27T07:53:00</pubDate><description>TOKYO, Nov 27 (Reuters) - The five-year Japanese government bond yield hit its lowest in four years on Friday as Tokyo shares slid, and investors fretted that the yen's surge may add to deflationary pressure </description><source>Forbes.com</source></item><item><title>Japan's Hirano: govt monitoring forex carefully</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96614802&amp;Channel_ID=69&amp;Category_ID=77</link><pubDate>2009-11-27T01:36:00</pubDate><description>TOKYO, Nov 27 (Reuters) - Japan's top government spokesman said on Friday the government is monitoring currencies carefully and rapid swings are undesirable. Chief Cabinet Secretary Hirofumi Hirano also </description><source>Forbes.com</source></item><item><title>Japan bank min: int'l action needed for dollar fall</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96609644&amp;Channel_ID=69&amp;Category_ID=77</link><pubDate>2009-11-27T00:39:00</pubDate><description>TOKYO, Nov 27 (Reuters) - Japan's banking minister Shizuka Kamei said on Friday he had spoken with the finance minister about the need for international action to address sharp falls in the dollar. (Reporting </description><source>Forbes.com</source></item><item><title>Pound hits 1-month low vs dollar, euro</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96622317&amp;Channel_ID=69&amp;Category_ID=77</link><pubDate>2009-11-27T10:04:00</pubDate><description>LONDON (Reuters) - Sterling tumbled to one-month lows against the dollar and euro on Friday as concerns about Dubai delaying repayment on debt heightened risk aversion, pushing stock prices lower. Market </description><source>Reuters UK</source></item><item><title>Financial stocks among worst hit</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96559657&amp;Channel_ID=69&amp;Category_ID=77</link><pubDate>2009-11-27T09:58:00</pubDate><description>Asian stock markets tumbled on Friday, with financial stocks among the worst affected, as fears mounted over the fallout from Dubai's massive debt problems. Dubai World, the emirate's main development </description><source>NDTV Profit</source></item><item><title>Canadian Currency Declines To 18-day Low Against Euro</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96509741&amp;Channel_ID=69&amp;Category_ID=77</link><pubDate>2009-11-27T08:33:00</pubDate><description>Declines To 18-day Low Against Euro Optional: Temporarily hide the 'tabber' class so it does not 'flash' on the page as plain HTML. After tabber runs, the class is changed to 'tabberlive' and it will </description><source>RTTNews.com</source></item><item><title>Nikkei falls to 4-mth closing low; Dubai, yen weigh</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96620765&amp;Channel_ID=69&amp;Category_ID=77</link><pubDate>2009-11-27T06:18:00</pubDate><description>TOKYO, Nov 27 (Reuters) - Japan's Nikkei share average hit a four-month closing low on Friday and fell for the fifth straight week, with a broad range of shares sold after the yen touched a 14-year high </description><source>Reuters</source></item><item><title>Japan PM: may mull steps for exporters hurt by yen</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96647373&amp;Channel_ID=69&amp;Category_ID=77</link><pubDate>2009-11-27T09:15:00</pubDate><description>(For more stories on the Japanese economy, click [ID:nECONJP]) TOKYO, Nov 27 (Reuters) - Japanese Prime Minister Yukio Hatoyama said on Friday that the government needs to consider steps to help exporters </description><source>Reuters UK</source></item><item><title>Tokyo to respond to stock, forex moves -spokesman</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96640546&amp;Channel_ID=69&amp;Category_ID=77</link><pubDate>2009-11-27T07:53:00</pubDate><description>TOKYO, Nov 27 (Reuters) - The top government spokesman said on Friday that Japan will take measures to support a fragile economy while responding to a drop in share prices and a rise in the yen. 'We'll </description><source>Forbes.com</source></item><item><title>Dollar index up 1 pct on risk reduction, carry unwind</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96642907&amp;Channel_ID=69&amp;Category_ID=77</link><pubDate>2009-11-27T08:13:00</pubDate><description>LONDON, Nov 27 (Reuters) - The dollar index, a measure of its value against six major currencies, rose 1 percent on Friday as concerns over Dubai's debt problems prompted traders to slash risk exposure </description><source>Reuters UK</source></item><item><title>Chile cbank eyes peso rally inflation impact-minutes</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96657629&amp;Channel_ID=69&amp;Category_ID=77</link><pubDate>2009-11-27T12:16:00</pubDate><description>SANTIAGO, Nov 27 (Reuters) - Chile's central bank is keeping a close eye on the sharp appreciation of the peso and its inflationary implications, according to minutes of the bank's November monetary policy </description><source>Reuters UK</source></item><item><title>3-mth dollar, euro and sterling Libor rates edge up</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96656544&amp;Channel_ID=69&amp;Category_ID=77</link><pubDate>2009-11-27T12:05:00</pubDate><description>LONDON, Nov 27 (Reuters) - The interbank cost of borrowing dollars for three months edged up on Friday, snapping a string of record lows set in the last nine sessions, according to the latest daily fixing </description><source>Reuters</source></item><item><title>Canadian dollar sinks as oil slides</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96655536&amp;Channel_ID=69&amp;Category_ID=77</link><pubDate>2009-11-27T11:57:00</pubDate><description>EST T Traders say the loonie is down partly because oil has dropped more than $3.40 to trade at $74.54 a barrel. Oil is down because of massive financial problems in Dubai, where the emirate's main development </description><source>Globe and Mail</source></item><item><title>Soaring yen sparks intervention talk</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96654469&amp;Channel_ID=69&amp;Category_ID=77</link><pubDate>2009-11-27T11:45:00</pubDate><description>Soaring yen sparks talk of currency intervention in Japan â?¢ Export-led Japanese economy being damaged by rise â?¢ Canon boss: Japan is 'standing on the edge of a cliff' Japan's finance minister admitted </description><source>Guardian.co.uk</source></item></channel></rss>