Forex traders woke up to the news that hurricane Sandy forced the closure of the US stock market for Monday and possibly Tuesday according to recent reports. The hurricane could harm the employees' safety and the major exchanges. The NYSE Euronext's New York Stock Exchange and the Nasdaq announced that the US stock market will be closed for today's session although there is still the option of activating al lelectronic trading for the US markets. Wall street is expected to open but with limited manpower.
Hurricane Sandy Effects on FX MarketsHurricane Sandy effects may concern investors as extensive damage will not assist the local economies to battle with the current global crisis.
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