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

|By:, SA News Editor
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.