The market is building in a risk premium because of the uncertainty surrounding the election -- once we get that out of the way, all other things being equal, the euro will probably bounce.
More Quotes from Adam Cole:
At the moment it seems like a pretty ring-fenced issue and it doesn't look like it's going to spill over into the market at large, but any risk aversion resulting from problems with trading would be dollar negative.Adam Cole
It was a challenge just to play college basketball. But it's definitely rewarding now. When it ends like this, it's all worthwhile.
Adam Cole
This left orders in the fourth quarter up an impressive 4.1 quarter-on-quarter and points to strong capital spending in the early months of 2006, which will likely make the Bank of Japan that much more confident that the time is approaching to start removing its ultra-easy monetary policy.
Adam Cole
There is a limit to the negative effect on the yen of the capital outflows that have been driving it down for the last two months,
Adam Cole
What we're seeing today is a very long-term trend asserting itself - people abandoning the euro and buying the U. S. economic miracle, ... OPEC's decision is not helping the euro much today either.
Adam Cole
It's just a bit of profit-taking and general nervousness.
Adam Cole
Readers Who Like This Quotation Also Like:
Based on Topics: Danger & Risk Quotes, Uncertainty QuotesI don't think that Slaughterhouse-Five was successful movie material. In fact, Vonnegut's books mostly I don't feel are movie material.
Jerry Garcia
Hip Hop is thee dominant youth culture in the world right now.
Kurtis Blow
All we can do is keep going up against then as long as Ray is alive because when he dies it will not be possible to establish the truth of his innocence in a court of law.
William Pepper