Safe Havens Lift, Euro Slips as 'Cliff' Nears
By: The stalling of talks to resolve the 'fiscal cliff' tamped down risk appetite, dented commodity currencies, and sent the dollar and yen higher. [CNBC]
The euro and gold also fell in early trading as investors, rattled by the 'fiscal cliff' impasse, sought safe havens. [CNBC]
Falling gold prices and worries about the stalemate in Washington also dented the Australian dollar. [WSJ]
U.K. third-quarter growth was revised lower and officials said the fourth quarter may end weak as well, sending the British pound briefly lower. [dailyfx.com]
With weakness in the euro zone sapping demand for Swedish exports, Sweden slashed its growth forecast and the krona fell. [WSJ]
The latest 'fiscal cliff' impasse trips up risk-sensitve currencies and a lower growth forecast dents the krona - it's time for your FX Fix.
