One writer yesterday following ECB President Mario Draghi's perfromance postulated the the euro is the poor, besieged central banker's only friend.
We on the other hand have taken a different approach saying it's the U.S. dollar. Though it might be just splitting currency hairs, for a long time those ECB bureacratics have been hoping and praying,
praying and hoping that the Greenback would ride to their deflation-stranded rescue.
We'll spare you all the other working parts like the U.S. recovery that might be beginning to recover after being AWOL for five years. The Wall Street Journal yesterday ran the following story. http://blogs.wsj.com/briefly/2014/09/04/5-takeaways-from-the-ecbs-september-meeting/
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