Tag Archives: United States Congress

Forex and Gold Daily Report 03 January 2013

The dollar erased losses sustained against most of its peers on Wednesday in wake of a successful congressional vote that avoided the fiscal cliff as concerns began to brew that Washington must deal with new fiscal challenges in the near term. The deal kept tax breaks in place for household...
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Forex and Gold Daily Report 02 January 2013

The dollar rose against most of its peers on Monday as lawmakers rushed to reach a deal to steer the country away from the U.S. fiscal cliff, a potentially recessionary combination of sweeping tax hikes and automatic spending cuts due to take effect with the closure of 2012. Gold prices...
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Forex and Gold Daily Report 28 December 2012

The U.S. dollar turned steady to higher against the other major currencies on Thursday, after mixed U.S. economic reports, while U.S. lawmakers were to resume key budget talks.  Market players remained focused on developments surrounding the fiscal cliff in the U.S., approximately USD600 billion in automatic tax hikes and spending...
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