Former Goldman Sachs chairman (and the man who coined the term BRIC) Jim O’Neill spoke with the WSJ in a wide-ranging interview on emerging and developed markets.

I think the low volatility we see in the currency markets is interesting, and I think it’s unlikely to stay. I personally think shorting the euro is finally worth doing, as we are close to $1.40. I’ve done that recently myself.

Trying to short the New Zealand dollar is also interesting, to me, because the government and the politicians are exploring changing the central bank’s inflation-targeting mandates.