In the past 6 days the Euro has lost 3.6%
Euro breaking out to the downside
The new story is the added pressure on Italy as part of the PIIGS:
Credit Risk - Slip slip slidin'
Plan A has been to get all Eurozone members to agree on a bailout package for the weaker members. So far Plan A has been going terribly. I would imagine that at the crescendo of the crisis, we will see an option for weaker Eurozone members to quietly leave the Euro…
