the French are scared...

The Financial Times had this to report today:
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A French official said Mr Breton had deliberately changed his tone on the euro, from saying it was “fully valued” when it was trading at $1.24-$1.28 against the US dollar, to calling for “collective vigilance” now it was above the $1.30 mark.
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Hmmm.... sounds like the French are pressuring the ECB to stop raising rates. The stage is set for a huge dollar comeback.