Jaisal Pastakia

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Last quote by Jaisal Pastakia

Furthermore, investor positioning is extended in the euro versus the US dollar and potentially at risk of being unwound.feedback
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Aug 29 2017 Brexit
This page is completely dedicated to what Jaisal Pastakia has to say. All of Jaisal Pastakia’s quotes are organized here by date and topic. The most recent quote attributed to Jaisal Pastakia came from an article called Strong euro could knock up to 3 percent off European earnings, UBS warns: “Contrast this train of improving events with the U.K., where economic momentum looks uncertain. Monthly factory orders this year suggest that the sector is failing to capitalize from a weaker sterling and a pick-up in global trade. In addition, political uncertainty is likely to continue to weigh on the UK currency. The euro's fortunes this year are also at odds with the U.S. dollar. Positioning in the U.S. dollar reflects investors' pessimism about the ability of the Trump administration to make progress on its legislative agenda, particularly on tax reform.”.
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