ECB: banks to repay EUR 61.1bln of 2nd 3y LTRO vs. Exp. EUR 122.5bln on Feb 27th

and euro goes down...

OUCH....that's why my long e/u trade went from +20 to -30 in under a minute! Now why can't FF put that news up on the calendar instead of some non factor italian retail sales???

this means what?!? bulshit

Ltro ruining Italian , Spanish, and Greek economy. It has done nothing but masked the problem

down till???

Wow...didn't see that one coming! Thankfully I was already short the EU. I'm done for the week. Cheers.

this means eur will go to 1.30 area

Exactly my point! I wish there was someone on FF to let us know ECB was going to make a statement...could have saved me some money!

US debt ceiling limit end at 3rd march... High fluctuation... EURUSD may be goes to 1.34 again..

EUR down and i made short in this minut makes me gain EUR/USD 60 pip ,, EUR is playing with us

funny how when mario expresses an interest in a weaker euro we get all sorts of bad news.

when hes looking for a stronger euro, last year, we get all sorts of good news.

hmmm......

Gonzo move. Time to buy.

!! Big players are still short!! Until 1.3070

can someone post a official link(or the best news web) for this news release

The long term refinancing operation (LTRO) is a cheap loan scheme for European banks.. and the news is well, not so good, almost half of the expected repayment, so they are short on moneyloans ...

9 banks repaid eur 1.7 bln in 5th repayment of first 3 year ltro
confusion on the wires as this was announced incorrectly
eur/usd dips sharply to strong support around 1.3165 from 1.3205
add:
the market had called this incorrectly too and were looking for a stronger number
eur/usd dips again but buyers noted
////

You're right my friend. This is the initial target I set for myself, not that I'm a big player!!

was there a possibilty to see this news live somewhere?

Yeah, I'm short untul 1.3070, I'm a big player. When I'm short EU go down, when I'm long EU go up. You better watchout !!! .. Don't trust me ..

EU on the verge of catastrophe.............

Its because the people behind the media are the same as the government or Central Banks or ...!!!

They follow the same policy from different aspects.

Let´s go short EUR/USD!!!!!!!!!!!!

SHORT EUR.... Target 1.307

The ECB flooded financial markets with more than 1 trillion euros in three-year loans a year ago after banks stopped lending to each other because of Europe’s debt crisis. Banks have the option of repaying the loans, which were offered at the average of the ECB’s benchmark rate over their duration, after 12 months.

“The ECB will welcome the repayment as long as banks make it for the right reasons,” said Nick Matthews, senior economist at Nomura International Plc in London. “If banks are comfortable that they don’t need the money anymore or can get funding in the market, it’s alright. The last thing you want though is to see banks rushing to repay, only to get into trouble because they don’t have their funding in place.”


This means that ECB retire funds from the market ... then the EUR will become stronger?!?

they are paying back the loans early. that cant be bad. they didn't pay back as much as expected, so the reaction. are they using the money they borrowed to pay it back early? It would not surprise me.

wow I am impressed

and here it goes with my +70pips to -18pips.

SO U are the BIG Player WHO short Billion Dollars That why U advice short tell 1.3070

Every Friday I have to close my EUR trades before 12am because this bullshit forcast LTRO repayments. Banksters - bastardz!!!!!!!!

define a big player.

250 lbs per person ?

500 bln /person

Welcome EURO to 1.25 level.

Let us see what is it >> right ..??!!

only exceptions makes chane .. only risks taker have oppertunity to make money .. only life lovers knows how to spend money ..