Wednesday, December 26, 2012

DailyMarkets.com - Forex Trading: “Fiscal Cliff” News Set To Drive Markets Today

DailyMarkets.com - Forex Trading: “Fiscal Cliff” News Set To Drive Markets Today


Forex Trading: “Fiscal Cliff” News Set To Drive Markets Today

Posted: 25 Dec 2012 11:53 PM PST

"Fiscal Cliff" News Set to Drive Markets Today
Despite low liquidity in the marketplace due to the Christmas holiday and a lack of economic indicators, the US dollar started off the week on a bullish note. Fears regarding the prospect of the US going over the "fiscal cliff" of spending cuts and tax increases at the beginning of the year were the main reason behind the safe-haven greenback’s upward momentum. Today, another slow news day means that traders will want to once again pay … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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