Trading Euro In Wake of ECB

The euro hit a 14-month high against the dollar Wednesday on expectations of a rate hike out of the ECB Thursday.

Is the ECB rate hike a forgone conclusion and will the Fed be next?

Find out from Amelia Bourdeau, director of foreign exchange at Westpac.

Watch the video now!






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Trader disclosure: On April 6, 2011, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders; Seymour owns (AAPL); Seymour owns (F); Seymour owns (GM); Seymour owns (MOS); Seymour owns (TM); Karabell owns (BHP); Karabell owns (GOOG), (RIMM), (MRVL);
Adami owns (AGU); Adami owns (C); Adami owns (GS); Adami owns (INTC); Adami owns (MSFT); Adami owns (NUC); Adami owns (BTU); Adami owns (BTU); Finerman and Finerman's Firm own (AAPL); Finerman and Finerman's Firm own (CVS); Finerman's firm is long GM leaps; Finerman and Finerman's firm own (MSFT); Finerman's firm owns (TGT); Finerman owns (USO); Finerman is short (IWM); Finerman is short (SPY); Finerman is short (MDY); Finerman's firm is long s&p 500 puts; Finerman's firm is long russell 2000 puts; Terranova owns (C); Terranova owns (JAM); Terranova owns (VRTS); Terranova owns (UPL); Terranova owns (PBR); Terranova owns (TCK); Terranova owns (BAX); Terranova owns (XOM); Terranova owns (AKAM); Terranova owns (CVI); Terranova owns (CNQ); Terranova is long (POT) puts; Terranova is long (NFLX) puts; Terranova is long (CAT) puts; Terranova is long (VLO) puts; Terranova is long (F) puts; Terranova is Chief Market Strategist of Virtus Investment Partners, LTD

For Zachary Karabell
River Twice Capital is short (AAPL), Karabell owns (AAPL)
River Twice Capital owns (AMSC)
River Twice Capital and Karabell owns (BRCM)
River Twice Capital and Karabell owns (CSCO)
River Twice Capital owns (EXPE), (DE)
River Twice Capital is short (QQQ), (SPY)
River Twice Capital and Karabell owns (MON), (POT)

For Joe Terranova
Virtus Investment Partners Owns More Than 1% Of (ABAX)
Virtus Investment Partners Owns More Than 1% Of (AMKR)
Virtus Investment Partners Owns More Than 1% Of (CCG)
Virtus Investment Partners Owns More Than 1% Of (CASS)
Virtus Investment Partners Owns More Than 1% Of (CSVI)
Virtus Investment Partners Owns More Than 1% Of (EXR)
Virtus Investment Partners Owns More Than 1% Of (FCFS)
Virtus Investment Partners Owns More Than 1% Of (IGE)
Virtus Investment Partners Owns More Than 1% Of (KRC)
Virtus Investment Partners Owns More Than 1% Of (LDR)
Virtus Investment Partners Owns More Than 1% Of (NCRI)
Virtus Investment Partners Owns More Than 1% Of (DBV)
Virtus Investment Partners Owns More Than 1% Of (XLB)
Virtus Investment Partners Owns More Than 1% Of (XLV)
Virtus Investment Partners Owns More Than 1% Of (XLP)
Virtus Investment Partners Owns More Than 1% Of (XLY)
Virtus Investment Partners Owns More Than 1% Of (XLE)
Virtus Investment Partners Owns More Than 1% Of (XLF)
Virtus Investment Partners Owns More Than 1% Of (XLI)
Virtus Investment Partners Owns More Than 1% Of (XLK)
Virtus Investment Partners Owns More Than 1% Of (XLU)
Virtus Investment Partners Owns More Than 1% Of (WDFC)
Virtus Investment Partners Owns More Than 1% Of (YDNT)
Virtus Investment Partners Owns More Than 1% Of DOMINO'S PIZZA UK & IRL PLC

For Len Brecken
Brecken Is Short (NFLX)

For Mike Khouw
Cantor Fitzgerald is a market maker in (RIMM)

For Mark Gulley
**No Disclosures

For Alexandra Lebenthal
**No disclosures

For Amelia Bourdeau
**No disclosures

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