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Market Discovers Fiscal Cliff, Sends Dollar Higher
It had seemed that many participants were looking past the US fiscal cliff and were to be content taking on more risk. However, yesterday's late developments have provided a cold slap of reality. Our base scenario, under which the US does in fact go over the cliff appears more likely now that Speak Boehner's "Plan B" failed to draw sufficient Republican support to allow a vote. Indeed, there is some speculation that the failure of Boehner's gambit may see a leadership challenge right after the New Year. The lack of a coherent Republican strategy has prompted a large unwind of risk-on and ... (full story)
mrforex8
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irmak
1 posts
pls take a break. dont predict the january. focus on holiday season.
jaygee
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Forexmint
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mrforex8
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javvad malik
1 posts
On monday holiday of nzd bank ???
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about eu/usd. early this summer i said that euro/ usd will en this year in 1.31-1.33 at that time i said that this is a fair value. some guys were sayng that i'm dreaming and that euro will go from 1.23 at that time to 1.17 or even to 1.14.
if you ask me, as nuz greu in an artificial way this bubble should go to 0.60 that is their fair rateand in 2013 summer, that's where they are heading.
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aviz12
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