Fiscal cliff is probobly going to be avoided for now, but usa will be hit hard with their debt, soner or later everybody that consumes more then they make will suffer.
I discussed this years ago with a professor in economics at a university I attended in US, he did not think it would be a problem, I would like to have that discussion with him today.
Forex is short term so is interest rates, thats why the pair did not jump on the good news today, tomorrow might be different.
I discussed this years ago with a professor in economics at a university I attended in US, he did not think it would be a problem, I would like to have that discussion with him today.
Forex is short term so is interest rates, thats why the pair did not jump on the good news today, tomorrow might be different.
DislikedI am regret to say that I dont agree
US fiscal cliff is only delayed. the rest are details when cliff is still on the table.
my guess MKT strongly manuplated by Draghi & Merkel.
& US watched. this part I dont understand.
today @ bloomberg they were saying the same thing I said after US elections. Bernanke does not keep printing money.
my guess again ( as posted after US elections ) US is devided into min 2 parts or 3 . ( economical forecast )
they lost the control.Ignored