“Fiscal Cliff” Fears Turn Commodities Bearish
Source: ForexYard “Fiscal Cliff” Fears Turn Commodities Bearish The price of crude oil and gold tumbled yesterday, as concerns about the upcoming US “fiscal cliff”, a series of automatic tax increases and spending . . . → Read More: “Fiscal Cliff” Fears Turn Commodities Bearish
The price of crude oil and gold tumbled yesterday, as concerns about the upcoming US “fiscal cliff”, a series of automatic tax increases and spending cuts set to take place if the US Congress fails to reach a budget deal, led to risk aversion in the marketplace. The safe-haven Japanese yen and US dollar … [visit site to read more]