Weidmann says ECB won't Cut Interest Rates just to Weaken Euro

Feb 15, 2013 12:50am

Quoting Magicgoan

Disliked

They wont cut rate for weaker euro, but they will cut rate to boost the economy. result the same, weaker euro.

Ignored

Yes, be careful and follow your system. No impulse buying. Well that's the thing we don't know yet, so we don't need to be burned. I've seen it happen. There are numerous ways to lower a currency, just ask Bernanke.

frx_trader

Feb 15, 2013 2:38am

Quoting Guest

Disliked

Every1, plz listen to me, don't trade with these kind of news any more, really frustrated and confusing, your account won't survive for long, it's the best to stay away from it.

Ignored

So, why are we here? reading and commenting news? that's what I call boring.

KevinThomas

Feb 15, 2013 12:38am

But I am wondering about the subject: Won't cut rates just to weaken EURO => Then, they will weaken EURO by other measures ??? If this is true, EURO won't up too much.. it could be down when London opens

KevinThomas

Feb 15, 2013 12:43am

Quoting Pip Anon

Disliked

I think that could be possible. Too risky to punch in a trade based on a short blurb. We have seen the EU contract the most it has sense the hight of their crisis. Maybe they with print more euros. I want to see what those City traders in London do.

Ignored

Yes and now EURO is getting down.. Be careful buyers !

Feb 15, 2013 12:52am

Quoting Pip Anon

Disliked

I think that could be possible. Too risky to punch in a trade based on a short blurb. We have seen the EU contract the most it has sense the hight of their crisis. Maybe they with print more euros. I want to see what those City traders in London do.

Based on? Blindly trading?

Ignored

this momentum right to buy euro.so happy trading all

Feb 15, 2013 1:15am

Quoting Pip Anon

Disliked

What do you use for momentum? We both know it can flip on a dime.

Ignored

Quoting Guest

Disliked

I am sure today will hit once again 1.3400. Too many politic on currency exchange rates these days. We better watchout our trading...Safety first.

Ignored

Mr A: NO
Mr B: YES

Mr draghi : euro doesn't overvalued

but I still wait europe market opened (dicipline).

Feb 15, 2013 12:33am

idiot question

Feb 15, 2013 12:37am

So what? They haven't done anything to help the EU. EU in recession with a high currency, sounds like a bitch to me.

Feb 15, 2013 1:05am

Quoting khol_hands

Disliked

this momentum right to buy euro.so happy trading all

Ignored

What do you use for momentum? We both know it can flip on a dime.

Feb 15, 2013 2:21am

Ek, so hows that momentum?

Feb 15, 2013 2:39am

Quoting khol_hands

Disliked

331 tp 370 sl 281. keep smile

Ignored

Lol I'm smiling cause my TP is 15 pips away. It's gonna take a lil while for 400 pips north. Hope you have a larger time horizon.

Feb 15, 2013 12:33am

Spike 30 pips

Feb 15, 2013 12:34am

EU EJ will see climb to Peak again..

alexrazon

Feb 15, 2013 5:14pm

Euro could be highly sensitive to a depreciating tone
they cant afford it at this point, i think

appreciating would be the better evil than risk crumbling the EUR to pieces. reason why draghi needs to keep the smiling face on camera

Hoops McCann

Feb 15, 2013 12:45am

Sounds like manipulation to me. Spike it up to trap the buyers, then make a run to the 1.32 area.

Feb 15, 2013 2:22am

Traps!

Feb 15, 2013 8:10am

What he is really saying is that they won't cut rates to bring eur down. But they will cut to avoid recession in majority of eu states.

Feb 15, 2013 12:33am

EU will rise

Feb 15, 2013 12:54am

IF EU down to 1.3360 .. Then EU will down during London season...

Iro

Feb 15, 2013 1:18am

I hate these goddamn comments. =(

Feb 15, 2013 2:12am

Quoting Iro

Disliked

I hate these goddamn comments. =(

Ignored

better waiting for movement of the market

Feb 15, 2013 2:32am

Quoting Pip Anon

Disliked

Ek, so hows that momentum?

Ignored

331 tp 370 sl 281. keep smile

Magicgoan

Feb 15, 2013 12:45am

Quoting Pip Anon

Disliked

So what? They haven't done anything to help the EU. EU in recession with a high currency, sounds like a bitch to me.

Ignored

They wont cut rate for weaker euro, but they will cut rate to boost the economy. result the same, weaker euro.

amarranjan

Feb 15, 2013 12:53am

true....they will cut interest rate to spur the growth and to weaken Euro......sell on rise..
higher eur/gbp will kill France, and higher eur/jpy will kill Germany.
If GBP is very weak, than why to buy in France better to buy in Uk....If JPY is weak, than why to imports engieeniring goods and machinery from Germany, better to imports from Japan

resurrected7

Feb 15, 2013 3:55am

Quoting Guest

Disliked

Every1, plz listen to me, don't trade with these kind of news any more, really frustrated and confusing, your account won't survive for long, it's the best to stay away from it.

Ignored

Such news are great if you are in the right direction otherwise it's.....

cristmaster

Feb 15, 2013 6:19am

octafx is not a good platform, they trick me i multiplicate my bonus acount at 9 times and now when i want widraw my profit they told me i make multiaccounting, but i dont understand why dont told me at begining to dont loose so much time,shame octafx

Feb 15, 2013 12:33am

mo.... fu....!

Feb 15, 2013 12:32am

buy or sell eur?

Trader#A0AA

Feb 15, 2013 12:36am

Read it between the words friends : ECB won't cut the interest rates to weaken the EURO but they will cut the rates to support the economy. Means a rate cut is coming sooooooooooner than expected................

buy USD and dump the EUR.

cheers

happy trading.

This is how i read the news. no personal bais on the currency.

Feb 15, 2013 12:36am

buy euro

Feb 15, 2013 12:38am

Sell euro

Feb 15, 2013 12:45am

Technically, the rates will be the same in the recession crisis... more recession are coming

khunthinnavu

Feb 15, 2013 12:46am

They talk loud but less action

xantiros

Feb 15, 2013 12:54am

yesterday ECB said cut rate, today won't cut

mjomha

Feb 15, 2013 1:08am

looks like its going to be another wacky friday.

BipolarTrade

Feb 15, 2013 1:33am

@M_McDonough he is long on EURUSD and all the mafia behind him...

gopirasu

Feb 15, 2013 2:12am

Gann levels on EUR/usd

BUY level 1: 1.33788 hit,

entry 2 : 1.33502( wait)

SL for both: 1.33211

TP for both: 1.3407

we will wait see what happen today.

dftrades

Feb 15, 2013 2:13am

This is a tricky position therefore be care where you place your money.

Yigal5766

Feb 15, 2013 4:24am

Usd/Jpy Goo Goo up to 93.50 dont wait !!!

Pipocrates

Feb 15, 2013 7:51am

divergence on the 1 hour, plus bounce off weekly support, im long eu

resurrected7

Feb 15, 2013 3:01pm

Euro land is slowly waking up to the pain of "strong" euros. Looks like currency war is rolling out in full soon

Trader#D605

Feb 15, 2013 10:11pm

Quoting alexrazon

Disliked

Euro could be highly sensitive to a depreciating tone
they cant afford it at this point, i think

appreciating would be the better evil than risk crumbling the EUR to pieces. reason why draghi needs to keep the smiling face on camera

Ignored

First they save it let it appreciate. Then when the time comes, they will cut the rates. Reacting now will risk the crumbling of euro, it will become a toilet paper currency if they do anything with its rate given all the debt problem they have now.

They even tolerate the Japanese LMFAO.

Trader#F7A8

Feb 15, 2013 12:33am

buy.... already bullish

Trader#B7A9

Feb 15, 2013 12:38am

its buy on news which we cant do due to sudden spike.
now its sell after news as sentiment bearish

Trader#E324

Feb 15, 2013 12:43am

so rate will be cut anyway... ( not JUST for weaken euro)

Trader#85DF

Feb 15, 2013 12:45am

38.2 retrace from yesterday move! Done

Trader#9630

Feb 15, 2013 12:45am

lol typical .. yest there was talk about -ve interest rates .. today the opposite - we wont cut! haha

Trader#5996

Feb 15, 2013 12:46am

Sell eur at 1.3430... Just wait for it .. It will come there...

Trader#7DC1

Feb 15, 2013 1:02am

I am sure today will hit once again 1.3400. Too many politic on currency exchange rates these days. We better watchout our trading...Safety first.

Trader#0C00

Feb 15, 2013 2:29am