Over 20 years in trading
Acording to the Forexlive and Adam Button, a speech from ECB’s member Coeure, which sent the euro more than 1.5% lower today, traders in London had a day earlier!? “This was an evening speech under the Chatham House rule, which wouldn’t normally be published. In this case the intention was to publish the speech at the time it was delivered, but ‘an internal procedural error’ meant this
Read moreECB Monetary Policy statement and Press Conference will start in about 15 minutes, at 12:30 (GMT). Be very careful if you trading euro pairs, I hope that you are aware how Mr. Draghi could be dovish in his statements, but euro could move both ways strongly! As I wrote in my headline, ECB leaves key interest rates on hold: refi rate 0.05%,
Read moreStarting at 18:45 h (GMT) President Draghi will have speech today. We are all aware of his ‘dovish’ tone during his talk about ‘euro economy’, but is it enough of the over reacting? He will talk in Frankfurt at the SZ Finance day 2015., during the dinner. On my oppinion we can’t hear anything new today, maybe he will mention the
Read moreThe ECB started with ‘QE 60 billion euros’ monthly programme today, first buying German 10yr bonds, sure. Euro don’t know what to do now, to relif or not? EUR/USD rise this morning from opening level at 1.0830 to 1.0906, but that was it. The pair is back down to 1.0850 for now. I think we should observe euro moves a few days
Read moreAs I wrote on my previous article, when Mr.Draghi have a speach, market could move strongly, that’s exactly what was happen today during the press conference. After the ECB’s decision to put rates on hold, euro was bullish and at the begining of the press conference euro was catch 1.1114 resistance, the previous support from yesterday and from January 23./26.
Read more12:45 h (GMT) – ECB Interest Rate Decision – previous 0,05%, consensus 0,05%! 13:30 h (GMT) – ECB Monetary policy statement and press conference! I don’t expect any changes in rates, ECB could remain on hold today and I don’t expect a new measures from ECB, but press conference and Mr.Draghi speach could move the market (euro) stronger. Focus will
Read moreFirst, at 14:00 h (GMT) ECB’s President Mr.Draghi have a speach, after at 15:00 h (GMT) FED’s Chairman Mrs.Yellen have a testifies. Who will move the market stronger and could we hear something we don’t know? We will see soon, get ready!
Read more…if Euro area inflation aproach to 0%! In December 2014. inflation fell bellow zero, to -0,2% and in this week, Mr.Mario Draghi (ECB) ‘fire up’ the 1.1 trillion euros QE in total, ie. to buy 60 billion in sovereign bonds each month until at least September 2016 . They decided to do everything in order to boost Euro area recovery, with the main objective
Read more12:45 h (GMT) – ECB Interest rate decision, 13:30 h (GMT) – ECB Monetary policy statement and press conference! LIVE here! How much QE will ECB realy deliver today? 500 billion? 1 trillion? Yesterdays rumor said, ECB will deliver 1.1 trillion, or 50 billion per month, starting in April 2014. until end of the 2016. But, that is not official
Read moreThursday January 22. – 12:45 h (GMT), ECB Interest rate decision – 13:30 h (GMT), ECB Monetary policy statement and press conference! Whether the SNB move was hint what could we expect from the ECB? Expectations of market participants are nearly unanimous, we expect from ECB an aggressive QE program. Specifically, market players expect from ECB to announce a large bond purchase
Read moreToday is ECB day. First, at 12:45 h (GMT) we have ‘ECB Interest Rate Decision’ and after at 13:30 h (GMT) ‘ECB Monetary policy statement and press conference’. Current main interest rate is 0,05% and any surprice here could be devastating for the Euro! If Mr.Draghi and ECB decided not to change anything here, what could we expect at the press
Read moreWhen Mr. Draghi have a speach, you can’t miss it on the market, just sell euro before the speach! He said this morning,’ECB will do what it must to raise inflation and inflation expectations as fast as possible’. Maybe the ECB will act again soon, maybe not, but what do we have here at EUR/USD today technicaly. Morning sharp fall from 1.2550
Read moreECB leaves key rates unchanged, main at 0,05%, depo at -0,2% and marginal at 0,3%, but then comes dovish Mr. Draghi at the press conference and brake euro down. He said, ECB unanimous in commitment to act again if needed. No shit!? 🙂 EUR/USD brake previous two year low at 1.2440/50 and stoped at 1.2395, in thoose moments try to recover
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