Dollar Turns Bearish Ahead of Busy Trading Day
The US dollar took losses against virtually all of its main currency rivals yesterday, as concerns that US Congressional leaders will not be able to resolve a budget dispute before automatic tax increases and budget cuts take place, weighed down on the greenback. Worries over the so called “fiscal cliff” also turned commodities bearish. Today, significant news is set to be released out of both the euro-zone and US. The Spanish 10-year bond … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards