What’s the magic number?

Few analysts have a definitive answer when it comes to the question: How low does the dollar have to fall to trigger a negative spiral throughout the U.S. capital markets?

There is speculation, however, that a move to $1.45-$1.50 in the euro could spark intervention from the ECB. Looking at the yen, analysts speculated it would take a retreat to the Y97.00/96.00 area to spark BOJ intervention.