Draghi dragged down the euro and kept the drama going on. On his 68th birthday, the ECB president gave one of his best shows. He managed to push down the euro with minimal action and no commitment at all. Draghi showed his strength and quickly passed the ball to the others’ courts as if nothing had happened.

Here is a quick summary of the master move and how it creates a headache for other central banks:

Read the rest of the article Draghi elegantly joins the currency wars – what he did and what it means