For the future global currency system, the architecture with three pillars of US Dollar, Euro and RMB yuan is recommended.

未来全球货币体系，应当形成以美元、欧元、人民币三足鼎立的支撑架构。

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Unless the dollar 'twin deficit' problem deteriorates sharply in the near future, there is little reason to expect a rebound for the Euro.

除非影响美元的“双赤字”问题有相当程度的恶化，否则欧元没有反弹可能。

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Earlier this year, for example, the Euro traded at 1.19 to the dollar as speculation mounted regarding the future of the European Economic Union and the Euro itself.

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After a morale-boosting start, Mr Cavallo then confused markets with an ill-timed proposal to amend the currency board so that the peso might in future be pegged half to the dollar and half to the euro.

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However, possible commodity inflation and the rising value of Dollar vis-a-vis Euro may pose profit margin and pricing challenges for Heinz in future year.

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