Outright selling of the Euro by central banks could still run into a 12-figure sum, a significant flow out of the single currency and a major force for further weakness as central banks steer clear of negative-yielding assets
Read MoreDoes the new year signal the twilight moments of the Euro?
As European countries continue to struggle with national debt, currency reserves in the euro held by central banks fell to its lowest in over a decade in the third quarter of 2014 at less than 23 percent, according to International Monetary Fund (IMF) data released on December 31, 2014
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