CNBC's Jim Cramer said Thursday that American companies may be facing strong currency headwinds once again after Mario Draghi's remarks sent the euro plunging.
"They're crushing the euro; the dollar is soaring. This is a level at which American exporters are saying 'Are you kidding me?'" Cramer said on "Squawk on the Street."
The European Central Bank's president said in a news conference that the bank will extend its quantitative easing program if needed, adding that it has downgraded its inflation forecast from 1.5 percent in June to 1.1 percent.