WASHINGTON (Reuters) -The recent shifts in asset portfolio allocations away from the dollar may represent a move from overweighting dollar assets to a more natural weighting between dollars and other currencies, including the euro, European Central Bank executive board member Philip Lane said on Wednesday.

Lane told a panel discussion at an Institute of International Finance conference that U.S. assets were “priced to perfection” following President Donald Trump’s election last year. Recent outflows from U.S. Treasuries may be viewed as a reallocation that “can either settle down or invite a deeper rethink,” he added.

In any case, he said the dollar would continue to far outweigh euros in most portfolios.

(Reporting by David Lawder and Karin Strohecker; Editing by Chris Reese)