Money in Motion

Safe Havens Lift, Euro Slips as 'Cliff' Nears

The stalling of talks to resolve the 'fiscal cliff' tamped down risk appetite, dented commodity currencies, and sent the higher. [CNBC]

The 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 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]

CNBC