There is trouble in the periphery. How long before “the centre cannot hold?”

The Euro broke below parity with the US Dollar today. Fifteen months ago the Euro was $1.22
This is a significant collapse. There is no sign of a bottom, not yet.

$XEU – Daily

Neither is the Chinese Yuan looking healthy. They seem to be having a spot of trouble with a collapsing real-estate market.
CYB WisdomTree Chinese Yuan Strategy Fund – Daily Line

Japan insists on zero bound interest rates.
$XJY – Japan Yen – Weekly Line

Let’s not forget about the UK Pound
$XBP – Weekly