The Euro Is Getting Massacred

In the wake of Draghi’s press conference — where he sounded very dovish and said that rate cuts have been discussed — the euro is getting massacred.

There’s also consternation in Italy, where the government seems to be fraying, thanks to the revenge of Silvio Berlusconi.

From FinViz:

image

[credit provider=”FinViz” url=”http://finviz.com/forex_charts.ashx?t=EURUSD&tf=m5″]