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Buy the dips in the euro (FXE) ahead of tomorrow's ECB policy meeting, says Credit Suisse (what...

Buy the dips in the euro (FXE) ahead of tomorrow's ECB policy meeting, says Credit Suisse (what dips, the euro's at a 2-month high). A rate cut is expected and SOP is for currencies to decline after, but the cut could be construed as stimulative for growth and thus supportive of the euro. A rate is expected, but not a slam-dunk as yet.
Comments (1)
  • youngman442002
    , contributor
    Comments (5131) | Send Message
     
    Yes I agree..what dip.....the Euro is up...Probably because they have a holiday today...Communism day...
    1 May 2013, 12:52 PM Reply Like
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