Stabli-ateee and Italeeee

So far the only thing that seems to have moved the Euro during Draghi's press conference that is wrapping up has been the subject of Italian elections as a referendum regarding austerity measures and being ruled by a Goldmanite. The direction Italy takes obviously has a large effect on what Draghi feels is most important, "Governmental Structural Reforms" which could look very different in Italy with the recent elections, depending on what kind of government come out of all of this.

 The larger picture since the press conference...

The Euro since Italy came up.

There are many other interesting notes, I don't think they are essential to cover right now.

The market is moving or has a lack of movement which is very much in line with the movement in the Euro while the press conference continues.

Fragmentation of the Euro-area market has also been a touchy point, at least as far as the movement of the Euro goes during the press conference.

More to come...

Sorry, I can't help but chuckle after all that has been made of Draghi's favorite word, Price "Sta-bill-ateeee"