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  • Draghi says ECB ready to use another LTRO if needed

    From forexlive.com

    We are ready to use any instrument, including another long-term refinancing operation to maintain monetary stance The market is taking it as a deterrent rather than a threat. At the moment, it’s not ‘needed’ at the moment so we’re not seeing a euro reaction.

Draghi says this, Draghi says that...always talk talk talk. Let me know when he actually does something!
Quoting PA is King
Draghi says this, Draghi says that...always talk talk talk. Let me know when he actually does something!
LOL... exactly what I was saying to myself when I read the headline and when I clicked on it, you already posted my thoughts!
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There is no need to do something, while talking is enough.
Shor euro
Short euro
  • Post #6
  • Quote
  • Edited at 10:50am Sep 23, 2013 10:39am | Edited at 10:50am
Don't blame him. He just says it isn't needed.
Quoting krunfx
Short euro
So... You take risk...
A speculator will short sell the euro as hope for future drop due posible this LTRO..huhuhu
They are just jawboning because they don't like the euro over 1.35. Too bad they will actually have to act in order to combat qe
IF Needed = Whatever it takes = same old B***S

most properly EU will go back to 1.31xxx before the end of this month
There have been many occasions when his 'oration' has caused huge spikes and or swings, but for the most part his speeches are neutral in terms of overall affect. The ltro aspect is interesting given that the OMT programme hasn't started.

Quoting bbakker
LOL... exactly what I was saying to myself when I read the headline and when I clicked on it, you already posted my thoughts!
sell euro at 1.3515 till 1.3400
euro have no any other option sure sure
DraghIT down all the way for sure
would you short the eur against a week dollar?
before and during Super Mario speaks.. the Markets move... I see 1.35-1.400 in sight; remember last 2012 Draghi used the full force of the ECB.
Mario treads gently as a fox. Unlike the clumsy elephant Trichet trampling everything...
Quoting vox dei
Mario treads gently as a fox. Unlike the clumsy elephant Trichet trampling everything...
+1 !

Trichet is OUT, thankkkkksssss to that for Europeans, not for China/USA/Russia... !
Quoting Spreadbetter
There have been many occasions when his 'oration' has caused huge spikes and or swings, but for the most part his speeches are neutral in terms of overall affect. The ltro aspect is interesting given that the OMT programme hasn't started.
Maybe he is preparing people to the next problems with Greece, and perhaps Italy.
Quoting FxGunner
Maybe he is preparing people to the next problems with Greece, and perhaps Italy.
And Portugal...

That's exactly what Super Mario is doing, and considering what little options Germany leaves him available, you've got to admit the man is a genius.
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