This Friday is expected to see a fresh wave of protests in Saudi Arabia. A “day of rage” is planned in the Al-Ihsaa province an area which is rich in oil and also populated by the Shiite minority. Also in Al-Hufuf, close to Bahrain, demonstrations against the Saudi monarchy are expected. These aren’t the first protests in Saudi Arabia. More demonstrations are expected in additional Arab countries after the Friday prayers. This includes Egypt, Jordan, Tunisia and Yemen. In Iran, demonstrations were depressed violently and the main opposition leaders, Mousavi and Karoubi have been jailed incommunicado. The Ayatullah regime has denied the fact that they are in prison. And of course, the civil war in Libya still continues. The battles are now concentrated in the oil producing city of Braga. NATO is getting closer to attack Gaddafi, but this isn’t certain. All this unrest, especially in Iran and Saudi Arabia which are large producers of oil, sent oil prices higher in recent weeks. WTI reached a peak of $103.40 on February 24th, and is now getting close to that region again. It now trades at $102.75. Brent is nearing the critical $120 level once again. Higher oil prices weaken the dollar and aid the Swiss franc as well as the Canadian dollar. See the USD/CAD forecast for more on this currency pair. 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 Employment figures show promise FxPro - Forex Broker 12 years This Friday is expected to see a fresh wave of protests in Saudi Arabia. A "day of rage" is planned in the Al-Ihsaa province an area which is rich in oil and also populated by the Shiite minority. Also in Al-Hufuf, close to Bahrain, demonstrations against the Saudi monarchy are expected. These aren't the first protests in Saudi Arabia. More demonstrations are expected in additional Arab countries after the Friday prayers. This includes Egypt, Jordan, Tunisia and Yemen. In Iran, demonstrations were depressed violently and the main opposition leaders, Mousavi and Karoubi have been jailed incommunicado. The Ayatullah regime has… 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.
