Forex Response to Persian Gulf Tension
 

Forex Response to Persian Gulf Tension

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http://www.TheForexNittyGritty.com - Forex Response to Persian Gulf Tension - There does not seem to have been a huge Forex response to Persian Gulf tension, yet....

http://www.TheForexNittyGritty.com - Forex Response to Persian Gulf Tension - There does not seem to have been a huge Forex response to Persian Gulf tension, yet.

The US and its Western allies have been ratcheting up pressure on Iran to submit its nuclear program to inspections.

In fact Iran is under pressure to dump its nuclear program as international agencies believe the purpose of Iran’s program is to develop nuclear weapons.

As Iran has become increasingly cut off it has responded with threats to close the Straits of Hormuz.

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Forex Response to Persian Gulf Tension Forex Response to Persian Gulf Tension Presentation Transcript

  • THERE DOES NOT SEEM TO HAVE BEEN AHUGE FOREX RESPONSE TO PERSIAN GULFTENSION, YET. W W W . T H E F O R E X N I T T Y G R I T T Y. C O M
  • THE US AND ITS WESTERN ALLIES HAVEBEEN RATCHETING UP PRESSURE ON IRANTO SUBMIT ITS NUCLEAR PROGRAM TOINSPECTIONS. W W W . T H E F O R E X N I T T Y G R I T T Y. C O M
  • IN FACT IRAN IS UNDER PRESSURE TODUMP ITS NUCLEAR PROGRAM ASINTERNATIONAL AGENCIES BELIEVE THEPURPOSE OF IRAN’S PROGRAM IS TODEVELOP NUCLEAR WEAPONS. W W W . T H E F O R E X N I T T Y G R I T T Y. C O M
  • AS IRAN HAS BECOME INCREASINGLY CUTOFF IT HAS RESPONDED WITH THREATS TOCLOSE THE STRAITS OF HORMUZ. W W W . T H E F O R E X N I T T Y G R I T T Y. C O M
  • A THIRD OF ALL OIL SHIPPED BY SEA ANDA FIFTH OF ALL OIL TRADED IN THE WORLDPASSES THROUGH THE 34 MILE WIDESTRAITS EVERY YEAR. W W W . T H E F O R E X N I T T Y G R I T T Y. C O M
  • CURRENCY TRADERS ARE RIGHT TO LOOKFOR A FOREX RESPONSE TO PERSIANGULF TENSION. W W W . T H E F O R E X N I T T Y G R I T T Y. C O M
  • HOWEVER, THE ECONOMIC WORRIES ANDEUROPE, ASIA, AND NORTH AMERICASEEM TO HAVE TAKEN PRECEDENCE. W W W . T H E F O R E X N I T T Y G R I T T Y. C O M
  • THE EURO RALLIED BRIEFLY AS STRONGERTHAN EXPECTED ECONOMIC DATA CAMEOUT OF GERMANY AND CHINA. W W W . T H E F O R E X N I T T Y G R I T T Y. C O M
  • OVER THE LONGER HAUL, HOWEVER, THEEURO IS NOT EXPECTED TO DO ESPECIALLYWELL. W W W . T H E F O R E X N I T T Y G R I T T Y. C O M
  • AUSTERITY MEASURES SUCH AS THEFRENCH AUSTERITY PLAN AND SIMILARMEASURES THROUGHOUT THE CONTINENTWILL LIKELY LEAD TO STABILIZATION OFTHE EURO ZONE ECONOMY BUT WILL BE ADISTINCT DRAG ON ECONOMIC GROWTH INTHE COMING YEAR OR YEARS. W W W . T H E F O R E X N I T T Y G R I T T Y. C O M
  • THERE MAY BE A GREATER FOREXRESPONSE TO PERSIAN GULF TENSION IFIRAN TAKES ANY STEPS TO IMPEDETRAFFIC THROUGH THE STRAITS. W W W . T H E F O R E X N I T T Y G R I T T Y. C O M
  • THE US AIRCRAFT CARRIER USS JOHN C.STENNIS AND ITS BATTLE GROUP ARESTATIONED IN THE AREA AND, INFACT, PASSED THROUGH THE STRAITSRECENTLY DURING IRANIAN MILITARYEXERCISES. W W W . T H E F O R E X N I T T Y G R I T T Y. C O M
  • IRAN RECENTLY CAPTURED A US STEALTHDRONE THAT WAS ALLEGEDLY SENT TOGATHER DATA ABOUT IRANIAN NUCLEARDEVELOPMENT. W W W . T H E F O R E X N I T T Y G R I T T Y. C O M
  • IRANIAN SCIENTISTS HAVE BEENASSASSINATED AS WELL. W W W . T H E F O R E X N I T T Y G R I T T Y. C O M
  • ISRAEL IS ESPECIALLY CONCERNED ASIRAN HAS NEVER ADMITTED THE NATION’SRIGHT TO EXIST. W W W . T H E F O R E X N I T T Y G R I T T Y. C O M
  • FOR FOREX TRADERS THE CONCERNWOULD BE THAT THE FOURTEEN OR SOTANKERS A DAY THAT PASS THROUGH THESTRAITS WOULD BE IMPEDED AND THEEFFECT SUCH WOULD HAVE ON THEWORLD ECONOMY. W W W . T H E F O R E X N I T T Y G R I T T Y. C O M
  • PERSIAN GULF OIL STATES, LED BY SAUDIARABIA, HAVE PROMISED TO INCREASEPRODUCTION IN IRAN SHUTS DOWNPRODUCTION. W W W . T H E F O R E X N I T T Y G R I T T Y. C O M
  • HOWEVER, IF THESE NATIONS CANNOTSHIP THEIR OIL, PRICES WILL LIKELY GOUP WORLDWIDE. W W W . T H E F O R E X N I T T Y G R I T T Y. C O M
  • SKYROCKETING OIL PRICES COULD WELLDRIVE UP PRICES OF COMMODITIES ANDMANUFACTURED GOODS THROUGHOUTTHE WORLD AND LEAD THE WORLD BACKINTO THE DEPTHS OF RECESSION. W W W . T H E F O R E X N I T T Y G R I T T Y. C O M
  • SKYROCKETING OIL PRICES COULD WELLDRIVE UP PRICES OF COMMODITIES ANDMANUFACTURED GOODS THROUGHOUTTHE WORLD AND LEAD THE WORLD BACKINTO THE DEPTHS OF RECESSION. W W W . T H E F O R E X N I T T Y G R I T T Y. C O M
  • THINK OF WHO IMPORTS THE MOST OILAND THEN IMAGE THEIR CURRENCIESFALLING AS A FOREX RESPONSE TOPERSIAN GULF TENSION. W W W . T H E F O R E X N I T T Y G R I T T Y. C O M
  • CONFIDENCE IN THE DOLLAR HAS RISENOVER THE LAST THREE YEARS. W W W . T H E F O R E X N I T T Y G R I T T Y. C O M
  • MANY BELIEVE THAT THIS IS ONLYBECAUSE THE EURO, ESPECIALLY, HASDONE SO POORLY. W W W . T H E F O R E X N I T T Y G R I T T Y. C O M
  • BUT, IN REGARD TO A BLOCKAGE OF THESTRAITS OF HORMUZ, OR OUTRIGHTHOSTILITIES, THE US IS IN BETTER SHAPETHAN JUST A FEW YEARS AGO. W W W . T H E F O R E X N I T T Y G R I T T Y. C O M
  • THE US HAD REDUCED OIL IMPORTS TO40% OF CONSUMPTION AND, INFACT, RECEIVES THE VAST MAJORITY OFITS IMPORTED OIL FROM MEXICO ANDCANADA. W W W . T H E F O R E X N I T T Y G R I T T Y. C O M
  • MANY WOULD LOOK TOEUROPE, CHINA, AND JAPAN AS LARGEECONOMIES MORE LIKELY TO SUFFERFROM A CUT OFF OF OIL COMING OUT OFTHE PERSIAN GULF. W W W . T H E F O R E X N I T T Y G R I T T Y. C O M
  • THUS A FOREX RESPONSE TO PERSIANGULF TENSION COULD WELL START WITHNOT ONLY NATIONS MORE DEPENDENTUPON OIL IMPORTS BUT ALSO WITHNATIONS IN THEIR SUPPLY CHAINS. W W W . T H E F O R E X N I T T Y G R I T T Y. C O M
  • FOR MORE INSIGHTS AND USEFULINFORMATION REGARDING THE FOREXMARKETS AND FOREIGN CURRENCYTRADING, VISITWWW.THEFOREXNITTYGRITTY.COM.