ECB's Nowotny: Good economic news removes need for rate cut

Well, USD going through the roof is a little bit of fairy tale. It was going there since 2002 and still not over the house :-).

What could happen next months is USD to strain or stretch a little the swing ranges of the majors but I doubt for more...

I would love to buy EUR bellow 1.26xx, come on Grece! Do your best! :-)

Not my money for sure, guest :-).

So how long is the ECB gonna pretend everything is ok?

Sad thing is no one buys it but the market. Then shite hits the fan "what? What's going on? Nowonty said everything is better now"

Should be after election..

you right its hurdle until euro close under 1.32 because 1.32 and 1.30 is strong resistance point of euro so lets see next week is also important and today one USA data is left if comes positive then euro come in 1.32 rally.

Funny fact. The German is looked OK. but totally not the EU.

He always talks like.

You need a heavy heart to live in the union. Let Germany decide your fate. Merkel wins again?

no rate cut? really? with Spain unemployment, Italian politics, Greece unable to meet requirements, EU is ok? IF Germany left EU it would be a shit hole (I'm sorry I love Europe).

The market is so bullish EU it's quite scary what is coming...I've said it before, and I'll say it again.....(Spread Butter tried to make it seem like I was a fanboy, except he is so anti-America it's as scary as the big picture developing)

...USD will go through the roof on most currencies in the coming months.. Surely he's grown quiet over the last week realizing maybe he was wrong?

^ Will check back with you guys in a few weeks.. Until then pay attention to sentiment...big moves are coming.

Cheers

It's not the ECB, it's the whole world .... We are living in a "Lies Era"

I feel sorry for dutch people. The house market there is putting them into higher debt without clear solution for the future. I think the trigar would come from netherland for the fafe of the euro.

untill and unless it close below 1.32 in daily close it will not go 1.26, other side if it moves above 1.35 it is strong bulishness and it will go 1.40 as euro zone is out of recession

when will you people realize that the prices are set by the 16 major banks to suite themselves. Its our money that's making them huge profits. Where else are they getting it from?