It just brings a wry smile at memories of all the triumphalism and nonsense when the euro was plumbing the depths against the dollar...

Macho trader talk about "toilet currency" comes to mind.

It's the dollar that's a bit "flushed" right now, and I don't see that changing - it's on a structural slide.

 

"The future is already here -- it's just not very evenly distributed" William Gibson