Euro weakness or dollar strength?
With the ECB likely to ease again on Thursday, the jury is still out on whether this will be enough to provoke further euro downside from here. A related question is arguably even more important though – if the ECB does succeed in sparking a euro selloff, could the move morph into a generalised dollar rally? If so, that would have much wider repercussions for FX markets.
Read the full report: UBS