Risk assets remain in their fiscal cliff relief rally, and that overall risk-on sentiment is lifting the EURUSD. The ECB’s relatively hawkish press conference helped maintain the EUR’s interest rate advantage over the USD. Whether or not that sentiment continues this week depends on the following likely market drivers. Earnings Season Results This week Q4 2012 earnings season kicks into high gear with far more marquee names reporting. Expectations are not high, making any positive surprise that much more bullish. Focus will be on whether firms are able to expand top line sales revenue after having already cut costs ... (full story)