Euro-Area Exports Decline Most in Five Months on Euro Strength

As previously discussed, gains in competitiveness cause the euro to go up to the point where they are obviated.

EU headlines:
Euro-Area Exports Decline Most in Five Months on Euro Strength
Weidmann Says ECB Wont Cut Rates Just to Weaken the Euro
Draghi Says Exchange Rate is Important for Growth, Inflation

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