USD skyrockets

Forex \ Forex News - USD skyrockets

Monday, 2 May 2011 11:18

Triumph by the American people in the United States as President Obama announced in a late night conference that Osama Bin Laden was finally captured and killed in a firefight in Pakistan where Bin Laden had reportedly located his hideout. US military forces discovered the location and proceeded on to find the man himself. Osama's body is being held by the US.

This news caused the Dollar to skyrocket and start possibly start recovering from 3-year lows. EUR/USD is trading at 1.4809, from last week's 16-month high for the Euro at 1.4881.

AUD/USD opened its market at 1.0968 and had peaked at 1.1009 and flunked again at 1.0943.

Tags: Osama Bin Laden dead, USA, USD

This entry was posted on Monday, May 2nd, 2011 at 11:18 and is filed under Forex News. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.

DISCLAIMER: This material (written and attachments) is considered a non-binding marketing communication and does not contain investment advice, investment recommendations or any offer or solicitation for any transactions in financial instruments in any jurisdictions. Mega Trader FX does not take into account your personal investment objectives or financial situation and makes no representation and assumes no liability as to the accuracy or completeness of the information provided. Any expressions of opinion are subject to change without notice and opinions made may be personal to the author and may not reflect the opinions of Mega Trader FX. This content must not be reproduced or further distributed without the prior permission of Mega Trader FX

Why Mega Trader FX?

	MT4 Trading Platforms
	24/5 Live Support
	Tight spreads from 1 pip
	Flexible leverage up to 1:500
	No minimum deposit
	No commission
	No hidden costs
	20% First Deposit Bonus
	10% Loyalty Bonus
	Fast and easy withdrawals
	Personal Account Managers
	No re-quotes
	Automated Trading
	Instant Automatic Execution

Mega Trader FX Ltd. does not offer services to US Residents.

Risk warning: Please note that trading in Forex and other leveraged products may involve a significant level of risk and is not suitable for all investors.

CFD's are leveraged products. Trading in CFD's related to foreign exchange, commodities, financial indices and other underlying variables carry a high level of risk and can result in the loss of all of your investment. As such, CFD's may not be suitable for all investors. You should not invest money that you cannot afford to lose. Before deciding to trade, you should become aware of all the risks associated with CFD trading and seek advice from an independent and suitably licensed financial advisor. Under no circumstances shall Mega Trader FX Ltd have any liability to any person or entity for (a) any loss or damage in whole or in part caused by, resulting from, or relating to any transactions related to CFD's or (b) any direct, indirect, special, consequential or incidental damages whatsoever. Past performance pertaining to trading in CFD's related to foreign exchange, commodities, financial indices and other underlying variables is not a reliable indicator of future performance. Content on any websites operated by Mega Trader FX Ltd does not contain advice or recommendations by or on behalf of Mega Trader FX Ltd. The information on this website is not targeted at the general public of any particular country. It is not intended for distribution to residents in any country where such distribution or use would contravene any local law or regulatory requirement.

Bonus offers are correct as listed on the Mega Trader FX website and may differ from those advertised on 3rd party websites.

USD skyrockets

FX Trading with Mega Trader FX

Why Mega Trader FX?

Mega Trader FX is currently undergoing maintenance. To create an account or to login please click here