High interest rate currencies are now up, after doubts lingering in the market were removed following Greek's parliament vote in favour of austerity measures. The general market sentiment is less risk averse.

Reckon when Osama was Wanjiroed by Obama(How Kenyan this sounds?) , the Us dollar went ballistic, it was bullish for kedo 2+ weeks. That was risk aversion.

Of interest, today's British public sector strike is 85 years (8.6*10) after the 1926 strikes:

"In Britain, strikes still plagued the nation. Coal miners, who throughout history seem to have struck every time they have had a chance, went on another rampage. Many in the U.S. were looking for coal exports to pick up sharply as they had in previous years, exporting nearly four million tons of coal to Britain. But this time the Brits really got out of hand. The strikers tried to effect a naval blockade. The Royal Navy was called out with trained guns ready and ordered to blow the strikers out of the water if they did not give up the effort." Greatest Bull Market in History by Martin Armstrong, pg. 119


In addition, they are taking place 17.2 days (8.6*2) after 2011.45 (June 13/14th 2011) on the Economic Confidence Model.

Coincidence?

@KK - The UK protests pulled a crowd of approx 99000...

http://www.reuters.com/a...s-idUSTRE75T2MF20110630

Are gubberments about to express a global authority short squeeze...

MV's will continue tanking in the global unrest high seas...

Is this a default or what? How then are the EAC currencies losing against the dollar?

http://www.politico.com/.../stories/0611/58107.html

@Hisah. Let us try and answer the first question with a quote from Martin Armstrong:

"The Seven Year Drought Cycle

The agriculturals are all poised to generally double in price during this cycle. They will put tremendous pressure on Africa and the Middle East by famine and this will fuel further political unrest. So new highs are on the horizon for wheat, corn, oats, and soybean complex just to mention a few." Borrowing from the Rich to Keep Socialism Going pg 8

The Seven Year Drought Cycle he's referring to began in 2007 and will end in 2014. The latter date is important for it lines up with the 25.049 Cycle of War and Political Change:

1913: Advent of WWI
1938: Advent of WWII
1964: Advent of the Vietnam War
1989: Tiananmen Square, Fall of Berlin Wall
2014: ???

Markets, being collective and dynamic entities, are never wrong. The forex markets are possibly factoring in growing political unrest in East Africa due to rising food prices and famine.