Forex Flash: Plenty of negative fiscal cliff headlines to come; should boost USD - Wesptac (Barcelona) - The prospect of no agreement on the 'fiscal-cliff' front in the US until at least mid-December, according to Sean Callow, FX strategist at Westpac, "fits our view that the two sides are starting negotiations from rather distant points" he notes, and as such, "there will be plenty of negative headlines in coming weeks that weigh on Treasury yields and boost USD, which is yet again trading like a safe haven even when the bad news is generated by the US" Sean adds.

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