Ya takes the good wit the bad…

  • Fitch: Meaningful US deficit cut would like hurt state funding

Because now that Obama has been reelected, he won’t have to buy-off the public sector employee unions by pumping “stimulus” dollars into state economies.

EUR/USD consolidating at the top of recent ranges after running into sellers ahead of 1.3080. More sellers seen ahead of 1.3200 exotic options triggers.

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