Wednesday, 23 January 2013

EUR/USD : Confidence is back

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More at http://daily20pips.blogspot.com/2013/01/kate-upton-in-bikini.html
Although helped by Mario Draghi and the first budget agreements in the United States, the euro continues to rise despite the publication of the last minutes of the Federal Reserve.
Lack of compromise in Congress last December 31, the US Congress finally voted in an emergency a text to avoid the implementation of the "fiscal cliff" that threatened to plunge the world's largest economy into recession. But negotiations could increase in intensity in the coming weeks due to the decisions about the debt ceiling and reducing public expenditures have been postponed at the end of February.

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