On a short-term trading view the euro looks pretty awful.
We don't have much of a history that would tell us what the ECB is going to do. All sorts of scenarios are possible.
It highlights that a great deal of investment is flowing out of the euro area and into the U.S., the U.K. and elsewhere.
All year the euro has been damaged by comments emanating from German politicians.
We have a bit of a conflict between the cyclical factors, which are still reasonably positive for the dollar, and structural worries that are going on.
Digital Jam .
We were hitting the ball hard, but it just went right at someone for them to make a play. We had the people we wanted in those situations, but we didn't get the hit we needed. We were able to find some holes later on.
It is not titles that honor men, but men that honor titles.