USD
Posted: Tue Apr 17, 2007 2:19 pm
with the next presidential election cycle, a change in presidency will have macro economic implications.
a fiscally imprudent administration, may be replaced with a possible prudent one.
longterm positions will be unwound as the dollar bearish stops are hit, and the risks for a significant dollar rally will increase, longterm players will not be able to ignore these risks and will take profits off the table.