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The Euro Is Getting Whacked

Joe WeisenthalApr 23, 2013, 13:50 IST

After the ugly German Flash PMI and bad French Flash PMI, the Euro is getting whacked.

From FinViz

The weak economy seems to open the door for an ECB rate cut.

It's been very hesitant to ease policy, but things are getting so bad (even Germany now!) that it may finally be compelled to act.

That's the takeaway of economic Frederik Ducrozet, who tweets: