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  • ECB Webcast of the press conference 8 March 2012

    From ecb.int

    Press conference following the meeting of the Governing Council of the European Central Bank on 8 March 2012 at its premises in Frankfurt am Main, Germany, starting at 2:30 p.m. CET: Introductory statement by Mario Draghi, President of the ECB. Question and answer session. Registered journalists pose questions to Mario Draghi, President of the ECB, and to Vítor Constâncio, Vice-President of the ECB.

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  • Comment #1
  • Quote
  • Mar 8, 2012 8:45am Mar 8, 2012 8:45am
  •  Guest
  • | IP XXX.XX.91.251
what's the news???
 
 
  • Comment #2
  • Quote
  • Mar 8, 2012 8:46am Mar 8, 2012 8:46am
  •  ck1986oz
  • | Joined Jan 2012 | Status: Member | 7 Comments
go to ecb website to watch
 
 
  • Comment #3
  • Quote
  • Mar 8, 2012 8:48am Mar 8, 2012 8:48am
  •  fredric02
  • | Joined Mar 2012 | Status: Member | 39 Comments
no news... draghi is bearish with hope...
 
 
  • Comment #4
  • Quote
  • Mar 8, 2012 8:51am Mar 8, 2012 8:51am
  •  billv
  • Joined Dec 2011 | Status: Member | 1068 Comments
Good stuff, the world is saved.....
Have a nice day
 
 
  • Comment #5
  • Quote
  • Mar 8, 2012 8:54am Mar 8, 2012 8:54am
  •  Guest
  • | IP XX.XX.13.29
Of course Draghi has to blow smoke up everyone's @$$ to justify his "policy." If he didn't, he'd be out of a job!
 
 
  • Comment #6
  • Quote
  • Mar 8, 2012 8:55am Mar 8, 2012 8:55am
  •  aslam
  • | Commercial Member | Joined Jul 2009 | 2 Comments
When the final results are coming......and when the impacts of press Cof on EU are expected???
 
 
  • Comment #7
  • Quote
  • Mar 8, 2012 8:57am Mar 8, 2012 8:57am
  •  meysamkh
  • | Joined Nov 2011 | Status: Member | 64 Comments
i think we must sell euro/usd
 
 
  • Comment #8
  • Quote
  • Mar 8, 2012 9:00am Mar 8, 2012 9:00am
  •  Sanguis
  • | Joined Oct 2011 | Status: Member | 2845 Comments
Inflationary comments. The inflation is tall. An euro jumped in this direction.
 
 
  • Comment #9
  • Quote
  • Mar 8, 2012 9:02am Mar 8, 2012 9:02am
  •  Guest
  • | IP XXX.XX.68.20
Yeah, everyone says sell, sell eur/usd, then who is it buying it, it went up a whole nine yards, to me this looks like nothing more then just a guessing game...
 
 
  • Comment #10
  • Quote
  • Mar 8, 2012 9:03am Mar 8, 2012 9:03am
  •  Sanguis
  • | Joined Oct 2011 | Status: Member | 2845 Comments
draghi: foreign demand, low interest rates, improved risk environment will be growth drivers for euroarea
 
 
  • Comment #11
  • Quote
  • Mar 8, 2012 9:04am Mar 8, 2012 9:04am
  •  Sanguis
  • | Joined Oct 2011 | Status: Member | 2845 Comments
LIVE: ECB's Draghi Destroys Hopes For Future Rate Cut, Scoffs At Risks To ECB's Balance Sheet
 
 
  • Comment #12
  • Quote
  • Mar 8, 2012 9:05am Mar 8, 2012 9:05am
  •  Sanguis
  • | Joined Oct 2011 | Status: Member | 2845 Comments
"The ECB is very transparent" Draghi $ECB $EURUSD
 
 
  • Comment #13
  • Quote
  • Mar 8, 2012 9:05am Mar 8, 2012 9:05am
  •  meysamkh
  • | Joined Nov 2011 | Status: Member | 64 Comments
draghi:We want to separate the nationality of the members from the statements
 
 
  • Comment #14
  • Quote
  • Mar 8, 2012 9:05am Mar 8, 2012 9:05am
  •  Sanguis
  • | Joined Oct 2011 | Status: Member | 2845 Comments
Draghi: structural reforms have a 'signalling' effect, 'confidence' effect; euro recovery will be 'very, very gradual, if not slow'
 
 
  • Comment #15
  • Quote
  • Mar 8, 2012 9:06am Mar 8, 2012 9:06am
  •  Sanguis
  • | Joined Oct 2011 | Status: Member | 2845 Comments
Draghi "We are not one country. You want to keep deliberations separate from national identities"
 
 
  • Comment #16
  • Quote
  • Mar 8, 2012 9:07am Mar 8, 2012 9:07am
  •  Guest
  • | IP XXX.XX.159.98
If it positive news they would have blast it . I say sell too much ambivalence sell
 
 
  • Comment #17
  • Quote
  • Mar 8, 2012 9:08am Mar 8, 2012 9:08am
  •  meysamkh
  • | Joined Nov 2011 | Status: Member | 64 Comments
draghi:I think we are doing the right thing with monetary policy
 
 
  • Comment #18
  • Quote
  • Mar 8, 2012 9:09am Mar 8, 2012 9:09am
  •  jaygee
  • | Membership Revoked | Joined Jul 2010 | 2713 Comments
S&P 500 lost 60m 200 sma.
 
 
  • Comment #19
  • Quote
  • Mar 8, 2012 9:10am Mar 8, 2012 9:10am
  •  meysamkh
  • | Joined Nov 2011 | Status: Member | 64 Comments
Draghi:LTRO was a unanimous decision. It’s not Germany against the others
 
 
  • Comment #20
  • Quote
  • Mar 8, 2012 9:10am Mar 8, 2012 9:10am
  •  falwic
  • | Joined Apr 2008 | Status: Member | 23 Comments
he avoid to answer about ltro3...

im not sure but allready they said about few weeks ago there is no ltro3 on the table any time soon
 
 
  • Comment #21
  • Quote
  • Mar 8, 2012 9:11am Mar 8, 2012 9:11am
  •  joynal2u
  • | Joined Jul 2011 | Status: Time and tide wait for none | 17 Comments
ECB'S DRAGHI: ECB is not politically and economically same as U.S.
 
 
  • Comment #22
  • Quote
  • Mar 8, 2012 9:11am Mar 8, 2012 9:11am
  •  Sanguis
  • | Joined Oct 2011 | Status: Member | 2845 Comments
Must keep eyes on mandateprice stability in mid-term-- labor market remains slack #CNBC
 
 
  • Comment #23
  • Quote
  • Mar 8, 2012 9:12am Mar 8, 2012 9:12am
  •  Sanguis
  • | Joined Oct 2011 | Status: Member | 2845 Comments
Draghi "At this point in time, both LTROs have had powerful and complex effect, we have to see how landscape has changed"
 
 
  • Comment #24
  • Quote
  • Mar 8, 2012 9:13am Mar 8, 2012 9:13am
  •  DragonFire
  • | Joined Sep 2010 | Status: Member | 2093 Comments
Quoting Guest
Disliked
Yeah, everyone says sell, sell eur/usd, then who is it buying it, it went up a whole nine yards, to me this looks like nothing more then just a guessing game...
Ignored
Guest,

forget about what everybody says...EUR/USD is on a journey and the next stop might be 1.36000 before all the hell will break loose...losing 100% of ones investment in Greece bonds as compare to 75% haircut...is still money being lost...but the market is cheering because 25% will be recouped...what can I say..if Mr. Market is very happy with 25% then join Mr. Market to celebrate...however somebody has to pay 75% lost and that question will be asked sooner or later...so for now enjoy the party with EUR...and ask question later...after big guys starts to leave the bullet train at 1.3600 STATION...
There is always a price for promises you don't keep!
 
 
  • Comment #25
  • Quote
  • Mar 8, 2012 9:20am Mar 8, 2012 9:20am
  •  eu_trader
  • | Joined May 2011 | Status: Member | 37 Comments
dragonfire: i guess u must be losing big if u long now
I have past history of statements to justify what i say.
 
 
  • Comment #26
  • Quote
  • Mar 8, 2012 9:21am Mar 8, 2012 9:21am
  •  joynal2u
  • | Joined Jul 2011 | Status: Time and tide wait for none | 17 Comments
ECB'S DRAGHI: ECB doesn't have "plan B" on nation leaviing euro. "Plan B" would mean admitting "defeat"
 
 
  • Comment #27
  • Quote
  • Mar 8, 2012 9:23am Mar 8, 2012 9:23am
  •  jokerfx
  • | Joined Feb 2012 | Status: Member | 38 Comments
bye-bye euro....i agree wit dragonfire...
 
 
  • Comment #28
  • Quote
  • Mar 8, 2012 9:25am Mar 8, 2012 9:25am
  •  foto
  • Joined Jan 2007 | Status: Member | 2473 Comments
We all know there is no plan B, but seriously is there a Plan A?
 
 
  • Comment #29
  • Quote
  • Mar 8, 2012 9:30am Mar 8, 2012 9:30am
  •  Guest
  • | IP XX.XXX.233.34
We'll see 1.36 before too long
Loooong
jim
 
 
  • Comment #30
  • Quote
  • Mar 8, 2012 9:31am Mar 8, 2012 9:31am
  •  johnel
  • | Joined Jan 2012 | Status: Member | 508 Comments
Draghi: Need Discipline, Rules In Place To Be "Pillars Of Trust" Between Countries.
Nice
 
 
  • Comment #31
  • Quote
  • Mar 8, 2012 9:33am Mar 8, 2012 9:33am
  •  johnel
  • | Joined Jan 2012 | Status: Member | 508 Comments
I feel better already
 
 
  • Comment #32
  • Quote
  • Mar 8, 2012 9:36am Mar 8, 2012 9:36am
  •  DragonFire
  • | Joined Sep 2010 | Status: Member | 2093 Comments
Quoting eu_trader
Disliked
dragonfire: i guess u must be losing big if u long now
Ignored
eu_trader,

there is no pip lost if I go long at 1.3204 and get off at 1.3266..again and again...I am not buying at 1.3275 until Greece gets the magical number 75%....I suspect the deadline at 20:00 GMT might be extended for another 72 hours....this how ECB dribbles Mr. market...Europeans are good at Soccer so they know how to score against Mr. Market...for the past two years...they are still having the ball....
There is always a price for promises you don't keep!
 
 
  • Comment #33
  • Quote
  • Mar 8, 2012 9:43am Mar 8, 2012 9:43am
  •  foto
  • Joined Jan 2007 | Status: Member | 2473 Comments
Maybe I am getting jaded but to top the day off we need another idiotic statement from the Fed.
 
 
  • Comment #34
  • Quote
  • Mar 8, 2012 10:11am Mar 8, 2012 10:11am
  •  eu_trader
  • | Joined May 2011 | Status: Member | 37 Comments
this pair is definitely going down to 1.28
I have past history of statements to justify what i say.
 
 
  • Comment #35
  • Quote
  • Mar 8, 2012 10:25am Mar 8, 2012 10:25am
  •  Guest
  • | IP XX.XXX.18.90
well it will probably hit 1.3350 before going down to 1.28 thanks
 
 
  • Comment #36
  • Quote
  • Mar 8, 2012 10:35am Mar 8, 2012 10:35am
  •  ganesh100
  • | Joined Mar 2012 | Status: Member | 2 Comments
as per chart i suspect it will go till 1.3220 it is the time to sell euro
 
 
  • Comment #37
  • Quote
  • Edited Mar 9, 2012 12:29am Mar 8, 2012 10:39am | Edited Mar 9, 2012 12:29am
  •  johnel
  • | Joined Jan 2012 | Status: Member | 508 Comments
Quoting eu_trader
Disliked
this pair is definitely going down to 1.28
Ignored
sure, but when?...it's all about timing
 
 
  • Comment #38
  • Quote
  • Mar 8, 2012 10:40am Mar 8, 2012 10:40am
  •  jonahky7
  • | Membership Revoked | Joined Aug 2011 | 4530 Comments
it will go down sometime but not so soon. Wait for what 20:00GMT may bring. If Greece exercise CAC, then we are into down. So far it has only hit 60% of the 75% required. Hedge fund parties are still hestitaing to get into it. Therefore the circus has only begin!

However the trend at the moment is still very much north.


Quoting eu_trader
Disliked
this pair is definitely going down to 1.28
Ignored
 
 
  • Comment #39
  • Quote
  • Mar 8, 2012 10:49am Mar 8, 2012 10:49am
  •  Guest
  • | IP XX.XXX.18.90
yeah it will go down to about 1.28 but it still in 4th wave rally and that means it has to go to about 1.3550 to 1.3650 before it does down 8 cents , which would be about 40% of the last bear movement from 1.40 to 1.26
 
 
  • Comment #40
  • Quote
  • Mar 8, 2012 10:51am Mar 8, 2012 10:51am
  •  jonahky7
  • | Membership Revoked | Joined Aug 2011 | 4530 Comments
20:00 will give you some insight


Quoting johnel
Disliked
sure, but when...it's all about timing
Ignored
 
 
  • Comment #41
  • Quote
  • Mar 8, 2012 11:07am Mar 8, 2012 11:07am
  •  jaygee
  • | Membership Revoked | Joined Jul 2010 | 2713 Comments
missed that pop for added short entry there. tagged the 60 minute 200.
 
 
  • Comment #42
  • Quote
  • Mar 8, 2012 11:18am Mar 8, 2012 11:18am
  •  jaygee
  • | Membership Revoked | Joined Jul 2010 | 2713 Comments
added 2 eur/usd shorts at 3270 have 3243 avg
 
 
  • Comment #43
  • Quote
  • Mar 8, 2012 2:33pm Mar 8, 2012 2:33pm
  •  johnel
  • | Joined Jan 2012 | Status: Member | 508 Comments
Quoting jonahky7
Disliked
20:00 will give you some insight
Ignored
u are kind, was a rhetoric question
 
 
  • Comment #44
  • Quote
  • Mar 8, 2012 2:57pm Mar 8, 2012 2:57pm
  •  jonahky7
  • | Membership Revoked | Joined Aug 2011 | 4530 Comments
Quoting johnel
Disliked
u are kind, was a rhetoric question
Ignored
With the hyper efficiency of the Greeks, we may not hear anything about the deal until near midnight.

EUr has just ramped up to 1.328 now, as stocks went high becos of a STUPID HOPE! But there is a likelihood that it will be delayed yet again by the twats in Greece.

Today trading is based on pure sentiment - nothing else, if anyone says it's technical - yes it's technical my sweet candy bottom. I traded with 1min timeframe and changes side as we go along.

If indeed we get a deal at 20:00. Expect some North but sentiments will change very quickly to down. Does anyone expect Greece to be able to pay on the 20th March even with this shit deal in place. Nope not moi!!!!
 
 
  • Comment #45
  • Quote
  • Mar 8, 2012 6:34pm Mar 8, 2012 6:34pm
  •  azam5625
  • | Joined Feb 2012 | Status: Member | 18 Comments
I'm buying at the dip almost 100 pips now... buy guys buy....
 
 
  • New Comment
  •  Guest
  • | IP X.XXX.70.233
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  • Story Stats
  • Posted: Mar 8, 2012 8:31am
  • Submitted by:
     Newsstand
    Category: High Impact Breaking News
    Comments: 45  /  Views: 9,705
  • Linked event:
    EUR ECB Press Conference
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