In the event of a rate cut, I would prefer having my bets on Gold and the AUD.
Or at least bet the EUR against another risk currency. Rate cuts increases inflation and devalues a currency just like QE.
This causes people to put their assets into risk assets/higher returns so as to hedge against inflation.
I don't see why a weaker EUR would be a bull scenario even if it does say that the ECB is willing to take action.
Haven't they already been taking action where necessary?
Or at least bet the EUR against another risk currency. Rate cuts increases inflation and devalues a currency just like QE.
This causes people to put their assets into risk assets/higher returns so as to hedge against inflation.
I don't see why a weaker EUR would be a bull scenario even if it does say that the ECB is willing to take action.
Haven't they already been taking action where necessary?