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Wikileaks Could Boost US Dollar

Wikilieaks is expected to release its latest “leaks” quite soon, exposing communications between US embassies and the State Department in the past 5 years. This will expose not-so-nice thoughts of American policymakers, from the current Obama administration and the former Bush one about foreign leaders.

There are speculations that apart from the international  embarrassment, the leaks might include sensitive negative thoughts about Muslims, and that riots could erupt in various places in the world.

Yet again, global instability is dollar positive , joining other disasters such as Korean tensions and the European debt crisis.

Further reading:

The upcoming Irish bailout

Korean tensions rise on naval exercise

Yohay Elam

Yohay Elam

Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts.