Risk picking up as Republicans fall-back anticipated

FXstreet.com (Barcelona) - The latest talk out of Washington has it that Speaker of the House Boehner may allow a vote on a Senate package either within hours or Wednesday.

Jamie Coleman, Lead-Editor at the newly introduced FXStreet News Beat service, notes: "If that is the case, it will very likely pass with all of the Democrats voting for the package and a minority of Republicans voting in favor. Such an action will likely cost Boehner his job as leader of the fractious House GOP."

Coleman believes the latest development to be "short-term positive for the dollar and equity markets."

"It's all over. We'll take Senate deal." -GOP aide, while in another headline one could read "US senate leaders could announce del within hours to raise debt limit and re-open government - Senate source."