Try as they may and moan and groan as much as they like there seems to be little reaction to the Eurozone's repeated complaints about the weak dollar.



"Typically, [FRANCE] continues as most vociferous critic of current Euro strength/Usd weakness. Sarkozy aide Guaino says that Eur/Usd at [1.50] is 'a disaster' for EU industry and the economy. It is the first time 1.50 has been mentioned this week. Recall markets have been increasingly mulling whether that psychological mark is now the top of the EU's pain threshold. Guaino is hinting this could be the case, but again there is no market reaction. Perhaps if a more high profile official, i.e. Jucker, Trichet, had said the same we would have seen the Euro come lower. Meanwhile, France budget min Woerth says the weak Usd is hurting Europe's competitiveness".



This was having already had a previous shot earlier today,



"FRANCE] Sarkozy aide Guaino says the US is 'flooding the world' with Usd, the US wants to cut its debt with a 'depreciated' Usd. Guainao adds that the Usd decline may become 'unbearable' for the Euro a