End of payroll, Bush tax cuts top U.S. 'fiscal cliff' fears: study

If Congress does nothing and the United States plunges off the "fiscal cliff" in three months, taxes would rise for 90 percent of Americans due to automatic increases in income and payroll taxes and a range of other fiscal shocks, said a report issued on Monday. In the latest forecast of trouble ... FF News: Fundamental

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USD/JPY – Following an engulfing candle; preparing for reversal

78.6% retracement: The USD/JPY has been falling since the last update where a rally was rejected from clearing a key declining trendline that went back to a resistance pivot in April 2011. The move has been small, falling from 79.21 to about 77.50. As the daily chart shows, the market was not able... FF News: Technical

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