Reuters - Video

EDITION: U.S. | U.K. | IN

Breakingviews

Breakingviews: Euro has further to fall

Friday, September 05, 2014 - 03:12

The euro fell sharply after the ECB eased policy. Traders sometimes fight central banks, but this time they look happy to oblige, says Reuters Breakingviews’ Swaha Pattanaik.

▲ Hide Transcript

View Transcript

Because they fall in three years yesterday for the Euro. North tool -- -- 2120 fighting by the end of yet. Breaking news has a piece earlier today title is that you're asked whether -- full course the senate cheeky. It lasted until it's absolutely and -- -- well we would perhaps be a good to -- basis and -- -- the loss -- -- meeting on all right because. I mean and and this is for you to say that book why would you want to bite you. Couldn't tell you wouldn't want to -- authority. On the. And anything that's gonna make this thing balance is probably the extent of shall positioning. Guessing slow so we salute launch that you might get some -- Pretty good pizza place in the banks and one ECB is all new site if you want to sell this currency of the dates -- as weak Q inflation is -- it -- take a long time to get it's. Up to 2% to what they want it does nothing that such a good. -- been selling season as traders often does he says he's -- central. None of this woman are happy to go along as they Clinton in this you know that's right and it was exhausting -- of Kimberly and I'm one of these ethics analysts yesterday and he. He speaks sort of the Asian Central Bank is it for lost fourteen years. I -- they've been so decide today he was saying that the Euro is is is is that next big thing rival US dollar Reeve and but for the privilege and an -- for the privilege. He said for the privilege of holding that you get to pay a negative race at no point 2%. When you get 12 point 4% to treasuries and. Well yes except for the fact that you probably don't wanna put all your eggs in one basket is going to cut of foreign exchange reserves -- not just on the basis of the currency going all potential to move on while you. To hold something sounds a bit rich. It's not it's more a big story domestically the foreign exchange reserves and just how much -- you get. It's peace but not all of them. So well I mean I mentioned that because we've we've we've we've proved to embarrass or excessive in its various. What's really wants it five I mentioned it's -- what do you what do you what -- the PP SP two Saint Louis so how does this again. Has. Depends on the time frame and in looking at the -- to go to Sonoma nice flow -- -- not she retracement to be like that sort of thing coming in some -- Duluth. You can keep getting if we look at the chants of thank. To me. You could get pulled way down that eventually if you wanted to. Where where's that once when he -- when he when he. To an awful about it. And at 620. It's a hand is probably more likely staging -- in the engine which is not too far away around 120 days. But stuff and. And so thank you very much indeed he completes -- hope Kris Albert and use web sites. I'm the US shares at twelve of these instances that he PST as it is every weekday. And well.

Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code

Breakingviews: Euro has further to fall

Friday, September 05, 2014 - 03:12

Top News »

Retirement »

Back to work- in retirement Back to work- in retirement

Wed, Oct 15, 2014 - (2:09)

Investing 201 »

Bond investors brace for the end of Fed stimulus Bond investors brace for the end of Fed...

Fri, Oct 10, 2014 - (4:03)

Arian Foster = BlackBerry? Arian Foster = BlackBerry?

Fri, Oct 25, 2013 - (3:16)

Don’t miss these red flags for IPOs Don’t miss these red flags for IPOs

Thu, Oct 10, 2013 - (2:34)

Copycat currency trading Copycat currency trading

Wed, Oct 02, 2013 - (2:28)

When to dump a winner When to dump a winner

Tue, Sep 24, 2013 - (1:55)

Where gold might again attract Jim Rogers Where gold might again attract Jim Rogers

Thu, Sep 19, 2013 - (2:05)

Why savings interest rates won't budge Why savings interest rates won't budge

Fri, Sep 13, 2013 - (2:09)

Buy local? ETFs try the trend Buy local? ETFs try the trend

Thu, Sep 05, 2013 - (2:42)

Money Clip »

Will Apple Pay transform mobile payments? Will Apple Pay transform mobile payments?

Thu, Oct 16, 2014 - (2:45)

3 things to do before disaster strikes 3 things to do before disaster strikes

Wed, Sep 18, 2013 - (1:39)

Your must-do money list Your must-do money list

Wed, Sep 11, 2013 - (1:24)

The worst "best" financial advice The worst "best" financial advice

Wed, Sep 04, 2013 - (1:42)

Forget gold: The case for REITs Forget gold: The case for REITs

Fri, Apr 26, 2013 - (1:19)

3 rules for buying a house now 3 rules for buying a house now

Thu, Apr 18, 2013 - (1:39)

Reuters Investigates »

Re-homing victim: "I could have been dead" Re-homing victim: "I could have been dead"

Wed, Feb 19, 2014 - (8:24)

Cops and loggers in the Amazon rainforest Cops and loggers in the Amazon rainforest

Fri, Jan 10, 2014 - (4:01)

"Passed around like a dog" "Passed around like a dog"

Thu, Aug 29, 2013 - (6:32)

Adopted, then abandoned online Adopted, then abandoned online

Thu, Aug 29, 2013 - (13:21)

How the DEA keeps its secrets secret How the DEA keeps its secrets secret

Mon, Aug 05, 2013 - (1:36)

How education lost its role as the great equalizer - Reuters Investigates How education lost its role as the great...

Mon, Dec 17, 2012 - (7:52)

Jihad Jane: From abused child to American jihadist - Reuters Investigates Jihad Jane: From abused child to American...

Sat, Dec 08, 2012 - (10:01)

Jihad Jane: The order to kill - Reuters Investigates Jihad Jane: The order to kill - Reuters...

Sun, Dec 09, 2012 - (10:39)

Moving Pictures »

Dance of the northern lights Dance of the northern lights

Mon, Oct 20, 2014 - (1:08)

Images of September Images of September

Wed, Oct 01, 2014 - (1:00)

Still missing – MH370 Still missing – MH370

Fri, Sep 05, 2014 - (2:05)

Burning Together Burning Together

Mon, Sep 01, 2014 - (2:23)

Mending dolls, teddies and hearts Mending dolls, teddies and hearts

Fri, Aug 22, 2014 - (3:12)

Images of August Images of August

Fri, Aug 29, 2014 - (1:00)

"Old timers" sail the Chesapeake Bay "Old timers" sail the Chesapeake Bay

Mon, Aug 11, 2014 - (2:27)

Burned memories Burned memories

Fri, Aug 08, 2014 - (3:02)

Images of July Images of July

Thu, Jul 31, 2014 - (1:20)

World Cup: passion on the pitch World Cup: passion on the pitch

Fri, Jul 11, 2014 - (1:00)