Things Are Getting Ugly In Europe: Italy Crushed, Euro Tanking

As Mario Draghi speaks, the euro is tanking. The main culprit is his language about weak growth and the odds of a future rate cut.

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[credit provider=”FInViz” url=”http://finviz.com/forex_charts.ashx?t=EURUSD”]

And Italy — home to today’s political drama (Berlusconi is waging a political war against current PM Mario Draghi) — is getting slammed.

Stocks there are down 1.5%.

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For full coverage of Draghi, see here >