USD falls off its own cliff as House expected to pass fiscal bill

FXstreet.com (Barcelona) - The USD is suffering a ferocious sell-off across the board as according to Reuters, top House Republican predicts final passage of 'fiscal cliff' bill, thus the market is now aggressively pricing in such outcome. House is expected to vote on Cliff Bill at 11.15pm ET (0415GMT)

EURUSD has rallied over 80 pips towards 1.3282 - session high - , GBPUSD has climbed to a fresh 16-month high by breaching the 1.63 triple roof to a high of 1.6330, USDJPY has been lifted up just a few pips short of 87.00, AUDUSD is also up by over 80 pips from lows to currently stay at 1.0465.