The tax-writing House Ways and Means Committee is not considering a Tobin tax( tax on financial transactions), a spokesman for the committee says. That’s probably the only tax they are not considering, but it is a relief nonetheless, especially given my livelihood…
EUR/USD is consolidating after testing recent highs in the mid-1.48-teens. We trade at 1.4803. The S&P continues to hold below the 1080 level.