France Asks for More ECB Action to Weaken Overvalued Euro

``French Prime Minister Manuel Valls called for more action from the European Central Bank to lower the value of the euro, amid concerns the 18-nation region might be headed toward deflation... Valls's comments come after ECB President Mario Draghi, who'll meet French President Francois Hollande tomorrow in Paris, signaled this month that declining inflation expectations are pushing the central bank toward introducing quantitative easing. ''