it is theto linde, worst performer on the stoxx 600 this morning. the most in seven years. -- dropped the most in the seven years. this is less about that and more about the ceo reducing the earnings target for the third time in just one year. this company has been facing challenges because of lower oil prices, a slowdown in industrial output. a lot of that down to china. a lot of that because of cuts in medicare spending in u.s. which means less demand for some of its products. the worst performer on the stoxx 600. jonathan: nejra cehic, thank you very much. said of fx strategist across from me and talk about a weaker euro. joining me at the moment is the most bullish euro trading strategist in the whole of the city of london. hsbc's david bloom. 1.20.ollar david: i've got to change my forecast. jonathan: let's start there. the monetary policy differential between the u.s. and u.s. -- and eurozone. it really? a few months ago? we have been preparing for this for years. up andrnanke he stood talk about tapering, the u.s. dollar rates were going up.