Menu
Sister Sites

  • Ex-ECB's Bini Smaghi says ECB has to find ways to avoid Euro gaining

So much for not manipulating exchange rates...
If Mario Draghi would said that, but Bini Smaghi isnt important anymore. 1.3225 is still a target.
Quoting Kuba
If Mario Draghi would said that, but Bini Smaghi isnt important anymore. 1.3225 is still a target.
i disagree with you my friend
????
We will see soon
They bullshit people only, we know the easiest way to stop one curency gaining is to say that will be QE. And problem is solved and they dont even need to open theyr own short positions market will take euro to the ground ! I think that makes sense...
Can someone tell me just what should this news give to EUR ?

NB : im new in Forex thank you
Lets see the price action after the euro touch the 2 day vwap....
What is 2 days vwap?
I miss those days when interest rates were market movers and real hard data moved markets. Now rumor and statements from any politician and/or agency moves markets.

What sucks is that the latter is hard to gauge because the general public is not privy to this type of manipulation from just word of mouth. Frontrunning by those putting out statements is way to easy now. It's like yelling fire just for to watch people run out of the office and then sneak in and steal all there things.
avoid euro gaining = bearish

for sure... but beware manipulator
I want to be rich.
Quoting Mednetuser
Can someone tell me just what should this news give to EUR ?

NB : im new in Forex thank you
Ex-ECB giving your opnion..a bit opportunistic...But not only Bini is recommending an expansionary policy, Christine Lagarde too. I think the whole market too ..
In the shape of the EZ, a gaining euro is not good for their citizens or the struggling countries.

Euro bulls would love it to be 1.7 to the dollar, but we need to be realistic. If it was only pegged to Germany, I can see it much higher. But it is not.
When the facts change I change my mind, what do you do sir
Quoting claudfs
What is 2 days vwap?
Volume Weighted Average Price, calculated with data from yesterday until now. In a trend, the price rises or falls to the VWAP and then, more order is placed in the direction the main trend. Widely used in algorithms and large financial institutions worried about buying or selling as passively as possible.
hi everyone,
this is just my first post, and I'm a newbie in regards to the forex. but looking at the indices.. Germany has fallen 145points, Wall street 102 points, Italy and Spain 105 points so that comment of Bini may have some effect on the Euro.
Quoting Kuba
If Mario Draghi would said that, but Bini Smaghi isnt important anymore. 1.3225 is still a target.
Then did u burn ur account ?
Quoting Pip Anon
In the shape of the EZ, a gaining euro is not good for their citizens or the struggling countries.

Euro bulls would love it to be 1.7 to the dollar, but we need to be realistic. If it was only pegged to Germany, I can see it much higher. But it is not.
Absolutely correct! It is in interest of EU to let EUR go down in value if they ever want to get out of recession and grow again.
up, down, whatever, just trade it...
Tracking the Specialists.
I think ECB needs to look for staff over here in FF there are so many "smart economists"here - they could save the world from the iconomic crisys. everyone knows so much here - it is incredible
Quoting Alexeii
I think ECB needs to look for staff over here in FF there are so many "smart economists"here - they could save the world from the iconomic crisys. everyone knows so much here - it is incredible
....me! ....me!
I am very reasonable rate, ϵ15,000 per hour; first strategy guaranteed within 3 months!
Carbon-Dioxide: the gas of life! https://youtu.be/ttJBdr6eBuo
EU down
I wouldn't put that photo on your application form...

Quoting Exodus
....me! ....me!
I am very reasonable rate, ϵ15,000 per hour; first strategy guaranteed within 3 months!
Epic war

Draghi vs Smaghi!!!!!
  •  Guest
  • | IP XXX.XXX.159.53
Euro will fail. It is reversable. The strong euro is destroying eurozone
  •  Guest
  • | IP XXX.XX.141.161
Strong EU is good for exports
  •  Guest
  • | IP XXX.X.18.214
And whose going to buy these expensive exports. No thank you, i think i'll try Japan.
Quoting In-KRG
I miss those days when interest rates were market movers and real hard data moved markets. Now rumor and statements from any politician and/or agency moves markets.

What sucks is that the latter is hard to gauge because the general public is not privy to this type of manipulation from just word of mouth. Frontrunning by those putting out statements is way to easy now. It's like yelling fire just for to watch people run out of the office and then sneak in and steal all there things.
That makes forex a fraud and a scamming business now. brokers and top markets arrange to wipe out little traders accounts.
Quoting palinco
That makes forex a fraud and a scamming business now. brokers and top markets arrange to wipe out little traders accounts.
Same old, same old.....
Carbon-Dioxide: the gas of life! https://youtu.be/ttJBdr6eBuo
Quoting Guest
And whose going to buy these expensive exports. No thank you, i think i'll try Japan.
yes, that is the logic.
who is the ECB's Spokesman????
I've noticed several times you suffer from broker paranoia. Tbh it's a very common fault but unless you rid yourself of it (and in you it's very strong), you'll severely limit your chances of progress and eventual success.



Quoting palinco
That makes forex a fraud and a scamming business now. brokers and top markets arrange to wipe out little traders accounts.
"The meek shall inherit the earth.." Yeah right, good luck with that shit..
And the days when NFP would show 700k jobs lost? Do you miss those days too? It puzzles me how many folk on these threads haven't figured out the simple puzzle of FX, particularly day traders whose moto should be same shit different day. Day traders should be averaging 2/2.5% growth per week with the simplest of strats ever devised.

Quoting In-KRG
I miss those days when interest rates were market movers and real hard data moved markets. Now rumor and statements from any politician and/or agency moves markets.

What sucks is that the latter is hard to gauge because the general public is not privy to this type of manipulation from just word of mouth. Frontrunning by those putting out statements is way to easy now. It's like yelling fire just for to watch people run out of the office and then sneak in and steal all there things.
"The meek shall inherit the earth.." Yeah right, good luck with that shit..
Quoting Spreadbetter
I've noticed several times you suffer from broker paranoia. Tbh it's a very common fault but unless you rid yourself of it (and in you it's very strong), you'll severely limit your chances of progress and eventual success.
You maybe right or wrong. But you cant say 100% that all brokers are honest and there is no insider manipulations.
It's easy ... Germany loosing it's top grade would do enough
Quoting Spreadbetter
And the days when NFP would show 700k jobs lost? Do you miss those days too? It puzzles me how many folk on these threads haven't figured out the simple puzzle of FX, particularly day traders whose moto should be same shit different day. Day traders should be averaging 2/2.5% growth per week with the simplest of strats ever devised.
but, how can you make 2.5% growth when some traders trade in cents and few dollars?
Quoting KevinThomas
Then did u burn ur account ?
No I dindnt, did you? I do not play short term, but still didnt expect Weidmans words
2.5% account growth per week as a target for FX day traders is the same percentage in any 'language' surely? For swing and or position traders 50% per annum should be the aim..IMHO

Quoting palinco
but, how can you make 2.5% growth when some traders trade in cents and few dollars?
"The meek shall inherit the earth.." Yeah right, good luck with that shit..
Quoting Spreadbetter
And the days when NFP would show 700k jobs lost? Do you miss those days too? It puzzles me how many folk on these threads haven't figured out the simple puzzle of FX, particularly day traders whose moto should be same shit different day. Day traders should be averaging 2/2.5% growth per week with the simplest of strats ever devised.
Nonsense!
Quoting Loadedgun
Nonsense!
Hi Loadedgun! I admire so much your style and your wise comments and overall phylosophy of trading! What is on your mind nowadays on EURUSD? Still long? May we start to buy the dip in EURUSD?
Do you? Really? Then you're either a mug, a fool or both.


Quoting Baldi
Hi Loadedgun! I admire so much your style and your wise comments and overall phylosophy of trading!?
"The meek shall inherit the earth.." Yeah right, good luck with that shit..
Another bad rumors for europe...!!!!!

https://mninews.marketnews.com/content/ecbs-draghi-confident-eurozone-inflation-remain-subdued
whatever draghi say, i dont want guess bullish or bearish, just set buy and sell stop. thats all
Maybe they could study the US, China, England and Japan.
  • New Comment
  •  Guest
  • | IP XX.XX.14.91
Join FF
  • Story Stats
  • Posted: Apr 17, 2013 7:03am
  • Submitted by:
     Newsstand
    Category: High Impact Breaking News
    Comments: 42  /  Views: 9,726