
Matt Van Dyckhoff of Brown Brothers Harriman says there has not been
such a weekly decline in the euro, since the move higher in
dollar-Deutsch market in 1992 (DM fell). He looks for the pair to test
$1.3300 and sees scope for euro-yen to see "an extended move to sub
Y130." On the day, the euro fallen from a high of $1.3675 to a low of
$1.3471 - the pairs holds at $1.3525 currently.