Gaddafi’s last stand

http://www.forexlive.com/blog/2011/08/21/gaddafis-last-stand-2/

By Sean Lee

Looks like the end might soon be nigh for Gaddafi’s reign in Libya; the Presidential guard has reportedly surrendered and his son has been captured.

The USD is looking reasonably well bid this morning, following on from the recovery which began in late NY trade on Friday after cable traded above 1.66 and USD/JPY below 76.00

A Libyan rebel fighter on the captuyred 27th Bridge, which leads into the centre of Tripoli. Photograph: Filippo Monteforte/AFP/Getty Images.
http://www.guardian.co.uk/world/2011/aug/21/gadaffi-fight-blood-rebels-tripoli