Monday, December 24, 2012

DailyMarkets.com - Forex Trading: Renewed “Fiscal Cliff” Fears Lead To Risk Aversion

DailyMarkets.com - Forex Trading: Renewed “Fiscal Cliff” Fears Lead To Risk Aversion


Forex Trading: Renewed “Fiscal Cliff” Fears Lead To Risk Aversion

Posted: 24 Dec 2012 12:15 AM PST

Renewed "Fiscal Cliff" Fears Lead to Risk Aversion
A setback in budget negotiations late last week generated fears that the US was closer to going over the "fiscal cliff" of automatic tax increases and spending cuts, which led to significant risk aversion before markets closed for the weekend. As a result, safe-haven currencies, like the USD and JPY, turned bullish. This week, low volatility in the marketplace is expected due to the Christmas holiday. Still, traders will want to pay … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Central Bank News Link List – Dec. 24, 2012: Japan’s Abe Heaps Pressure On BOJ To Set 2 Percent Inflation Target

Posted: 23 Dec 2012 07:30 PM PST

Here’s today’s Central Bank News link list, click through if you missed the previous link list. The list comprises news about central banks that is not covered by Central Bank News. The list is updated during the day with the latest developments so readers don’t miss any important news

Japan’s Abe heaps pressure on BOJ to set 2 percent inflation target (Reuters)
Egypt’s central bank governor says he has not resigned (Reuters)
Yuan halts five-day gain as central bank weakens … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Gold And Silver Still Better Off Than Earlier This Year

Posted: 23 Dec 2012 06:28 PM PST

… [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Is More Government The Answer?

Posted: 23 Dec 2012 10:20 AM PST

I got a lot of feedback, mostly negative, from my post last week On the kinds of conversations regarding the shooting tragedy in Connecticut. Most of them were in the form of “you don’t know what you’re talking about”, but they don’t specify what they object to.

Were there objections that I pointed out that guns are part of American culture? There are benefits to gun ownership, just as there are benefits to owning a car. Were readers upset that I pointed out that there are risks to gun … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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