The situation in Japan’s troubled Fukishima nuclear reactors isn’t improving. There are fears that the radiation from the plants will not only hurt Japan, but will also cross the Pacific and reach the United States.Nuclear radiation might eventually reach Europe as well. This won’t be in dangerous levels like in Japan (and especially in the capital Tokyo), but it will sure raise the fear bar. The result may be higher oil prices, now seen as a safer way to produce electricity. Higher oil and nuclear radiation in the US will both hurt the US dollar, even against the Japanese yen. USD/JPY collapsed overnight. Although the recovery was quick, Dollar/Yen is still under 79.75 – the previous historic low. For more about the yen, see the USD JPY Forecast. 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. Yohay's Google Profile View All Post By Yohay Elam Forex Bits share Read Next AUD/USD Mar.18-Aussie slightly up against US Dollar on Japanese Tamar Schoppik 11 years The situation in Japan's troubled Fukishima nuclear reactors isn't improving. There are fears that the radiation from the plants will not only hurt Japan, but will also cross the Pacific and reach the United States.Nuclear radiation might eventually reach Europe as well. This won't be in dangerous levels like in Japan (and especially in the capital Tokyo), but it will sure raise the fear bar. The result may be higher oil prices, now seen as a safer way to produce electricity. Higher oil and nuclear radiation in the US will both hurt the US dollar, even against the Japanese yen.… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
