Ian Gunner
![Ian Gunner](/assets/img/authors/unknown.jpg)
Ian Gunner
bit level low move pile sharp surprised until
We're consolidating Friday's sharp move lower. I wouldn't be surprised to see a bit of a pullback first. I wouldn't want to pile in until see $1.1759 level give away -- the low for 2004,
french helping riots
The French riots are also not helping the euro,
greenspan labor looking market move people react toward waiting
The market is correcting Friday's move (after payrolls). People are looking toward Greenspan and waiting to see how the U.S. will react after Labor Day.
bank central european excuses hands information looking people suggesting tied wealth
If people are looking for excuses as to why the European Central Bank may feel their hands are a little tied in the short-term (on rates) they could use this, but I think there's a whole wealth of information suggesting that things are on the mend.