World events affect Forex

[eaton2003]

With todays recent massive quake off Japan my question is what affect do we expect to see in the Currency market. A fall of the Yen, and strength grown stronger in the Euro?

What are your thoughts on this?

[anil]

i am with japan this time not for the forex trading or Euro increase or Yen decrease this time for humanity plz help japan once he standup on his feet then ask the question to Japan.

[eaton2003]

I agree that we must all be on the side of Japan and every effort must be made by the world community to bring some kind of solution to this problem.

The reason this post was done in the forex part of the GPWA forum was asking what affect this will have on the world currencies and affiliates involved in the forex sector.

[anil]

Defiantly it will affect on world currencies Yen will down for maybe some month till the problem solve.
maybe the Euro And Dollar will up this time.

[eaton2003]

I believe the Yen will recover quicker than people think with gold going to an all time high of 1600

[baba]

Japan is a pretty big economy such that all this didnt have that much of an adverse effect. They have already recovered from this and seem to be regaining their place in the sun. Must say though, it was a really tough time for them

[Ryanloop]

Here are a few typical global events that often occur, and how they may influence the forex market.

Political Events
Natural Disasters
War
The Bottom Line: These are just a few events that can have a profound effect on the currency markets.

Regards