Bin Laden is Dead! 

After strong intelligence reports, President Barack Obama authorized US special operation commandos to conduct a deep and pinpointed raid against a well fortified and lavish compound deep in Pakistan.  The large compound is located in Abbottabad, a mid-size city in the northern part of the conservative Islamic country.  The affluent city has a population of over 100,00 and contains Pakistan's prestigious military academy.  According to media outlets, the American intelligence community is having difficulty accepting Pakistani claims that an expensive compound with barbed wire, high walls, and cameras did not raise red flags or suspicion.  

According to reports, special operation commandos were airlifted via helicopter to an area not far from the compound.  While details of the actual encounter are limited, it was reported that a fierce firefight took place between Osama Bin Laden, his body guards and US special forces.  Ultimately, Bin Laden was killed in the encounter, and his blood taken for DNA analysis to confirm his identity.  When this generation's leading terrorist had his body positively identified, his remains were taken to sea to prevent his burial place from being used as a place for martyrdom. 

President Obama decided personally to inform the American people of the events in a a breaking news presidential address.  His delivered his speech well, and chose his words delicately.  He made it clear to the people of the United States and the world that Al Qaeda remains a threat, and that many Muslims from around the world were impacted negatively by Bin Laden's murderous organization over the last fifteen year.  Most importantly, he emphasized the point that the United States is not at war with Islam, and is strictly interested in protecting its citizens from organizations that feel religiously compelled to kill men, women and children. 

Global markets responded positively to the news of Bin Laden's death, and the US dollar even rose in early trading.  However, the Forex Robot team does not believe that this important security event will have any serious long-term influences on currency price valuations.  In fact, some security analysts are warning that individuals or terrorist cells with some affiliation to Al Qaeda will conduct terrorist attacks against the United States and her allies.  Many in the Muslim world are skeptical of the United States, and might respond with fury over the alleged "mistreatment" of Bin Laden's remains whose burial was not conducted in accordance with Islamic law.