Review: Fiscal Cliff: Despite the positive tones over the last couple of days, it seems that the agreement will, at the earliest, be concluded after Christmas. Japan published decent economic indicators overnight, and consequently EURJPY increased. Generally, Japan is right now associated with a positive sentiment, and given the expected change in leadership after the elections on Sunday, we expect that EURJPY may increase up to 109-110. Greece: The prerequisites for the payment of the next
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An early Christmas present from the Fed?
