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Jakobsen: Euro on brink of 'biggest sell off since introduction'

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Saxo Bank's Chief Economist Steen Jakobsen says the ECB should do "absolutely nothing" he argues that maintaining a monetary status quo would do no harm, look at Belgium; no government for almost two years and almost every economic indicator improved during that time. Even the discussion of ECB action could be detrimental claims Steen: "If you continue to create a lot of noise in terms of what you will do or will not do in terms of what you project will happen then you create more confusion..."