Wednesday, January 2, 2013

Fiscal Cliff Clears House – USD and JPY Plunge

The deal on averting the fiscal cliff was approved by the US House of Representatives. It wasn’t that easy: contrary to the Senate vote, many Republicans opposed the bill. The approval, which wasn’t priced in, sent the dollar and the yen down, in a classic “risk on” rally. It’s important to remember that the next
Read More... [Source: Forex Crunch - Posted by FreeAutoBlogger]

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