Fears of a potential default in Dubai sent shock waves through financial markets Thursday, weighing on European and Asian equities and pulling the U.S. Dollar off of recent lows as investors sought out safe havens. Analysts said Dubai's woes were a blow to sentiment, serving as a reminder that potential trouble spots remain in the world economy.

Forex Market Trends

 EUR/USDGBP/USDUSD/JPYUSD/CHFAUD/USDEUR/GBP
Daily Trend

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Weekly Trend

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Resistance1.49851.647086.951.01850.90900.9175
1.49651.645086.751.01650.90700.9155
1.49351.642086.451.01350.90400.9125
Support1.48751.636085.851.00750.89800.9065
1.48451.633085.551.00450.89500.9035
1.48251.631085.351.00250.89300.9015