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A new Cold War Era started this week – how will it impact currency markets?

From news_archive.php?id=100977

So you ask what does this have to do with currency markets? Well, as one of my finance professors used to say, it depends. When the US is quoted by the global media as demanding Russia to withdraw its troops, Russians (and Putin is the ultimate example of this) has a national pride that would force it to respond: Oh yeah? Make me. What has started this new cold war is not just the Georgian escalation of words. Polish people were hesitant to install US Patriot missiles in its territory. They are hesitant no more. The Polish accord with the US to proceed with the missile installation this week and the Russian response ... (full story)

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