As U.S. military strikes loom ever closer, currency markets are bound to remain jittery and FX players apt to remain risk-averse until longer term investment strategies can be formulated, sources tell Market News. "The market is still adjusting", said John McCarthy, director of FX at ING Barings in New York. "There will be a reduction in the amount of risk that people want to bear," said McCarthy. When asked about the dollar's direction should any military action take place, McCarthy answered, "I don't think people will buy or sell dollars on military action."