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  • Central Banks Do Nothing, Promise More

    From marctomarket.com

    The ECB has disappointed the market who expected some action after Draghi's strong comments last week. In anticipation the euro was briefly taken through the $1.24 level only to be sold down to new lows for the week, below $1.22. Draghi did not break new ground. He reiterated what was already known. Countries need to formally request EFSF support to activate it. The ECB cannot and replace government action. Spain is understandably reluctant to ask due to potential conditionality and stigma associated. Draghi did suggest the subordination/seniority issue will be addressed. Draghi tried to deliver a fait accompli to ... (full story)

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  • Comment #1
  • Quote
  • Aug 2, 2012 9:26am Aug 2, 2012 9:26am
  •  Guest
  • | IP XX.XX.2.204
belive me NOTHING WILL HAPPEN
 
 
  • Comment #2
  • Quote
  • Aug 2, 2012 9:27am Aug 2, 2012 9:27am
  •  clockwork71
  • | Commercial Member | Joined May 2007 | 1154 Comments
I'm stunned.
 
 
  • Comment #3
  • Quote
  • Aug 2, 2012 9:30am Aug 2, 2012 9:30am
  •  TraderUSA
  • | Joined Aug 2011 | Status: Member | 809 Comments
Market is stupid, many times this kind of shits have been fooled you, for the past two years nothing come out of EZ were truth. So they f*** you market, for you are so stupid to believe and high hope on them. Every time, they BS and you go believe in them, now are you still believe ? All they have are just empty words.
 
 
  • Comment #4
  • Quote
  • Aug 2, 2012 9:32am Aug 2, 2012 9:32am
  •  Guest
  • | IP XX.XX.80.72
NATO NATO NATO

==
No Action Talk Only
 
 
  • Comment #5
  • Quote
  • Aug 2, 2012 9:34am Aug 2, 2012 9:34am
  •  torkay77
  • | Joined Jul 2010 | Status: Member | 192 Comments
well it's summer, it would not work anyway...they have to wait till september
 
 
  • Comment #6
  • Quote
  • Aug 2, 2012 9:36am Aug 2, 2012 9:36am
  •  webart
  • | Joined Aug 2009 | Status: Member | 217 Comments
A few days ago Draghi said ""There's never been a better time to buy Euro...."

I guess it was a short term buy recommendation.
 
 
  • Comment #7
  • Quote
  • Aug 2, 2012 9:40am Aug 2, 2012 9:40am
  •  markot
  • | Joined Dec 2009 | Status: Member | 6 Comments
Quoting webart
Disliked
A few days ago Draghi said ""There's never been a better time to buy Euro...."

I guess it was a short term buy recommendation.
Ignored
Today he said : It's pointless to SELL . Where would go his next reccomendation ?
 
 
  • Comment #8
  • Quote
  • Aug 2, 2012 9:40am Aug 2, 2012 9:40am
  •  YMMgroup
  • | Joined Jul 2012 | Status: Member | 52 Comments
today all speak, only buy,buy
 
 
  • Comment #9
  • Quote
  • Aug 2, 2012 9:46am Aug 2, 2012 9:46am
  •  dvd
  • | Joined Jun 2012 | Status: Member | 55 Comments
gee..... do you think that anyone who knows what these yahoos are going to say ahead of time might be trading in the currency markets??
 
 
  • Comment #10
  • Quote
  • Aug 2, 2012 9:49am Aug 2, 2012 9:49am
  •  Pip_tracker
  • | Joined Feb 2012 | Status: Member | 612 Comments
why is not breaking 1.22?
 
 
  • Comment #11
  • Quote
  • Aug 2, 2012 10:03am Aug 2, 2012 10:03am
  •  webart
  • | Joined Aug 2009 | Status: Member | 217 Comments
Quoting Pip_tracker
Disliked
why is not breaking 1.22?
Ignored
Time and price are linked, we have had a huge price shock in a short time, so expect price movement to be very flat for some time now.
 
 
  • Comment #12
  • Quote
  • Aug 2, 2012 10:05am Aug 2, 2012 10:05am
  •  robert7
  • | Joined Oct 2011 | Status: Member | 141 Comments
what is happening is financial world war 3, this will trigger real war
 
 
  • Comment #13
  • Quote
  • Aug 2, 2012 10:37am Aug 2, 2012 10:37am
  •  dinksy
  • | Joined Jul 2010 | Status: Member | 107 Comments
did u say 1.24?i swear the highest range for eur/usd on my fxtm mt4 is 1.2385,bt i checked my Alpari and it is 1.2405+...so WTF
 
 
  • Comment #14
  • Quote
  • Aug 2, 2012 10:56am Aug 2, 2012 10:56am
  •  IndigoPingvi
  • Joined Nov 2011 | Status: Member | 64 Comments
Today's high? 1.24044 at MT4 FxPro
 
 
  • Comment #15
  • Quote
  • Aug 2, 2012 1:10pm Aug 2, 2012 1:10pm
  •  Hot4Pips
  • | Joined Apr 2012 | Status: Member | 302 Comments
Quoting TraderUSA
Disliked
Market is stupid.
Ignored
Don't worry, by the looks of the chart action you aren't the only one who lost today. But as usual you blame the market
 
 
  • New Comment
  •  Guest
  • | IP X.XXX.111.130
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  • Story Stats
  • Posted: Aug 2, 2012 9:24am
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 15  /  Views: 4,138
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