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Republican Senator Optimistic on Fiscal Cliff Deal

Republican Sen. Bob Corker told CNBC on Monday he expects a deal to avoid the “fiscal cliff” would be worked out before the midnight deadline.

“The discussions are going very, very well,” he told “Squawk Box,” referring to talks between Vice President Joe Biden and Senate Republican leader Mitch McConnell. “I do think there’s going to be a resolve to this. …”It’s almost irrelevant when it happens—it’s going to happen and it’s probably going to happen today.”

He said the agreement probably would not include significant moves on deficit reduction.

via CNBC [1]

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Alfonso Esparza

Alfonso Esparza [6]

Senior Currency Analyst at Market Pulse [7]
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza
Alfonso Esparza

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