Whatever it takes version 2.0 - The European Central Bank deposit rate is now -0.2%! Which could also be described as Whatever it takes version 2.0 by Mario Draghi. As the headlines hit the Euro got crushed and the German 10yr Government bond surged higher. An extraordinary minute of market action before my eyes. I have been rattling on about being long the German 10yr and Short the Euro vs the USD for months. It continues to work well as seen in the chart below. (VIEW LINK)

James Marlay

Good write up Dan and some good charts as always