Already for six months Dubai has been suspending the payment of its debt (59 billions of dollars), and the request of a moratorium in order to regularize its situation seemed to convince to the operators of forex.
Before this situation, the yen maintained its hegemony after marking the past week On the other hand the dollar profit to take terrain in front of main currencies, because the investors reduced their exhibition to the assets of risk and high performance, returning to the classic thing and certainly represents the dollar, while the crossing between the Euro and the dollar stayed plane. Given the apparent calm that brought about the explanation of Dubai, which tranquilized the operators of the Forex, the American currency became to see enfangada after the prices of gold returned to their bullish way. The same investors who look for security in the dollar change their relation with gold, because a dollar more hard causes that the precious metal loses interest. Really, the news from Dubai are marking to the day of Wall s$street the last week, where more investors meet with the dollar, although according to the analysts the general perspective for the dollar continues being bearish.