The ECB is likely to take a dovish and downbeat tone on the Euro-zone economic outlook at this week’s policy meeting which will undermine the Euro. The bank is likely to cut benchmark interest rates or signal a cut next month, inflicting further currency damage. Given banking-sector stresses, it will also be forced to engage further in the structural Euro-zone debate by promising improved transmission of monetary policy while insisting on safe-guarding a longer-term commitment to monetary principles in order to keep the Bundesbank onside. Look to sell the Euro ahead of the decision and aim for trailing stop-loss ... (full story)