Seeking Alpha

Euro slides as Draghi suggests June easing

  • The euro slides from its highest level in two years after ECB President Draghi - speaking at the post-policy meeting press conference - says board members are comfortable taking additional policy action in June if necessary.
  • Nearly touching $1.40 to the dollar following the ECB standing pat at this month's meeting earlier today, the euro has tumbled back to $1.3890.
  • ETFs: FXE, EUO, ERO, DRR, EUFX, ULE, URR
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