- Weaker euro in short-term is good news for euro zone economy
- No risk of double dip recession in euro zone
- Gradual yuan rise desireable
Comments, especially headline one, have helped fuel EUR/USD slide, presently down at 1.2263.
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OECD Chief Economist Paddan: Euro has been overvalued for too long – Le Figaro
OECD Chief Economist Paddan: Euro has been overvalued for too long – Le Figaro
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