As United States approaches its Congressional elections in November, political change is occurring in all of the G-3 currencies and its impact on foreign exchange trading may be far more powerful than the market appreciates. Here is a quick look at key players and possible political scenarios that may affect currency movements in the near future.
News this week that a 32-year-old Canadian energy trader by the name of Brian Hunter recently lost approximately $5 Billion dollars in a period of only one week in the natural gas market caused an uproar on Wall Street.
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