IMF says ECB may need to cut interest rates again and make deposit rates negative to support growth

probably one of the efforts to increase employment

A maybe until ECB actually ACTION it - it's just a hope that IMF has. SOmeone should really consider scrapping, crapping ECB for good. Bunch of noobs who lives in a draggy world. No fooking idea about who, what the SMEs requires...........

may or may NOT...they like playing games

So ,first reaction is EURUSD to hit 1.33

Euro should go to 1.4 and beyond. This should happen with pretty much any currency against the USD.

Remember Euro wont be appreciating against currencies like NZD or CAD, its just the USD, thats going to go weak.

Reason being the huge amount of Debt the US has. Fed will be forced to increase their QE purchases very soon (take a look at the US 10 yields, they are going up despite the Fed buying most of the issues out since the last year).

Bottomline there is no question of Fed tapering, Fed will pump even more QE which can only mean USD weakness. The USD is officially toilet paper currency now with countries like Japan, China not interested in their Debt anymore.

Looks more of a slowly cripping, cranking up for a reversal - quite mixed at the moment on indicators. O well, enjoy the move (or some say the price action)

Interesting view, but your "opinion" (or even mine, for that matter) does not move markets. Only the search for profit moves markets, and it is clear that the EZ is not ready to offer any at this time. Rather it is the US that has the most potential for profit right now, despite the ridiculous debt the government has amassed and the overblown balance sheet the Fed has built. As long as the US has a AAA credit rating, market participants (The largest of whom are in the US anyway) will continue to have trust in the good(?) credit of the great(?) US of A