Fears of a fresh civil war mount in Lebanon as the indictment of Hezbollah members is nearing. The Special Tribunal for Lebanon (STL) probably has evidence linking senior Hezbollah members to the assassination of former Lebanese Prime Minister Rafik Hariri in 2005. A recent article in Canada’s CBC showed a strong link between the group and the murder. The conclusions and indictments are expected soon by the prosecutor of the STL, Daniel Bellemare. There are talks that the militant Shiite group Hezbollah (or Hizbullah), heavily armed by Iran, will take over the country if these accusations are made. Turkish Prime Minister Recep Tayyip Erdogan came to Beirut to try and calm things down. Also the Syrians and Saudis are working to defuse the situation. The bigger fear is that a violent conflict in Lebanon could spill over to the whole region. Hezbollah may attack Israel in order to divert the fire to a bigger enemy. The Israeli cabinet is holding a meeting to get ready for a possible escalation of the situation. A violent conflict in the Middle East will benefit the US dollar, the Japanese Yen and the Swiss Franc as safe haven currencies. Regarding the yen, it also depends on thetensions between North and South Korea. Another currency that will enjoy limited gains from such a conflict is the Canadian dollar, as the price of oil will jump in the oil-rich Middle East. Want to see what other traders are doing in real accounts? Check out Currensee. It’s free.. 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 EUR/USD Elliot Wave Video – Deep Lows Ahead Gregor Horvat 12 years Fears of a fresh civil war mount in Lebanon as the indictment of Hezbollah members is nearing. The Special Tribunal for Lebanon (STL) probably has evidence linking senior Hezbollah members to the assassination of former Lebanese Prime Minister Rafik Hariri in 2005. A recent article in Canada's CBC showed a strong link between the group and the murder. The conclusions and indictments are expected soon by the prosecutor of the STL, Daniel Bellemare. There are talks that the militant Shiite group Hezbollah (or Hizbullah), heavily armed by Iran, will take over the country if these accusations are made. Turkish Prime… 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.
