ECB's Coeure says the ECB is considering a negative deposit rate very seriously

ECB's Coeure says the ECB is considering a negative deposit rate very seriously

From talking-forex.com

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#1
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Feb 12, 2014 6:38am Feb 12, 2014 6:38am

Squeeze
| Joined Dec 2012 | Status: Trader | 1195 Comments

Wow

#2
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Feb 12, 2014 6:39am Feb 12, 2014 6:39am

Pipaddiction
| Joined Oct 2012 | Status: Trader | 96 Comments

Nice one. That "news" will bring eur down a lot.

#3
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Feb 12, 2014 6:39am Feb 12, 2014 6:39am

Kfx
| Joined Oct 2007 | Status: Trader | 10 Comments

Surprise, surprise !!!!

#4
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Feb 12, 2014 6:40am Feb 12, 2014 6:40am

Trader#C3EA
| Status: Unregistered Trader

Freakin bulls..t, manupulations.. how come when GPB is rocketing a news like that comes up and market turns around...

#5
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Feb 12, 2014 6:40am Feb 12, 2014 6:40am

GDR3k
Joined Mar 2011 | Status: Bullish Behavior | 225 Comments

Breaking news will come out very shortly saying "ECB's Coeure never said the ECB is considering a negative deposit rate very seriously..." or another ECB member saying they aren't considering it.

#6
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Feb 12, 2014 6:40am Feb 12, 2014 6:40am

eqshack
Joined Jul 2011 | Status: Lord Of War | 1007 Comments

decent drop

Early to bed, early to rise, keeps you healthy, wealthy and wise.

#7
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Feb 12, 2014 6:41am Feb 12, 2014 6:41am

Pipaddiction
| Joined Oct 2012 | Status: Trader | 96 Comments

I bet they shorted heavily just before the relised it.

#8
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Feb 12, 2014 6:43am Feb 12, 2014 6:43am

Ill-b-back
Joined May 2011 | Status: Get to the Chopper | 3897 Comments

Quoting GDR3k

Disliked

Breaking news will come out very shortly saying "ECB's Coeure never said the ECB is considering a negative deposit rate very seriously..." or another ECB member saying they aren't considering it.

Ignored

That's the way it rolls

Come with me if you want to live....

#9
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Feb 12, 2014 6:44am Feb 12, 2014 6:44am

Rooi
Joined Jan 2012 | Status: Is still the ginger ninja | 6 Comments

hahaha.What a pot of SH!T.

We miss 100% of the shots we don't take

#10
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Feb 12, 2014 6:45am Feb 12, 2014 6:45am

samsamfoo
| Joined Oct 2012 | Status: Trader | 152 Comments

Wow...40 pip down...there like to talk everytime Euro when up high

#11
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Feb 12, 2014 6:46am Feb 12, 2014 6:46am

jw1981
| Joined Nov 2012 | Status: Trader | 323 Comments

wonder what's the purpose of having an ecb press conference when off the cuff remarks such as these are made just because some ecb member had an upset stomach one morning.

#12
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Feb 12, 2014 6:51am Feb 12, 2014 6:51am

GDR3k
Joined Mar 2011 | Status: Bullish Behavior | 225 Comments

Quoting Ill-b-back

Disliked

That's the way it rolls

Ignored

It makes me wonder how much money these central bank figures must make in bribes..."say something negative for the currency at 11:45am UTC to all channels, here's 10 grand..."

#13
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Feb 12, 2014 6:52am Feb 12, 2014 6:52am

Kis Zoltan
| Joined Oct 2011 | Status: Trader | 448 Comments

One word: Deflation.
All of asset-classes will drop 45%-75%.
All.

They were print billions and billions and there's no inflation, no growth.

#14
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Feb 12, 2014 6:54am Feb 12, 2014 6:54am

Danny Maina
| Joined Mar 2013 | Status: SMART TRADES ONLY! | 9 Comments

bring them on ECB, its a long time since we shorted the euro.

#15
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Feb 12, 2014 6:55am Feb 12, 2014 6:55am

jorryo
| Joined Jun 2009 | Status: Trader | 20 Comments

Mr. Coeure is piping right now while we chat here. Probably he is way on the money right now. Easy money. Why work, when you can just talk sh!t!!!

No risk, No Glory.

#16
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Feb 12, 2014 6:58am Feb 12, 2014 6:58am

JollyBean
| Joined Jul 2009 | Status: Trader | 382 Comments

"Considering" is the keyword here.

I won't be surprised if they decide not to, and EUR shoots back up.

#17
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Feb 12, 2014 7:01am Feb 12, 2014 7:01am

samsamfoo
| Joined Oct 2012 | Status: Trader | 152 Comments

After pocket money in then Long again...what easy job...

#18
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Feb 12, 2014 7:06am Feb 12, 2014 7:06am

Trader#723A
| Status: Unregistered Trader

I paid for that announcement. Arsehole!

#19
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Feb 12, 2014 7:06am Feb 12, 2014 7:06am

Greener
| Joined Jan 2010 | Status: Trader | 667 Comments

As always, BS is the most powerful tool central banks can possibly use...immediate results guaranteed

#20
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Feb 12, 2014 7:06am Feb 12, 2014 7:06am

KecoaKecil
Joined Aug 2013 | Status: Trader | 58 Comments

Draghi speech : "Negative deposit rate never proven effective before, ECB will not take chances" ^_^ harr harr..

Don't blame the tools. Blame the carpenter.

#21
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Feb 12, 2014 7:06am Feb 12, 2014 7:06am

kuncung
| Joined Aug 2012 | Status: Trader | 456 Comments

Good news for usa. Strong dollar

#22
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Feb 12, 2014 7:13am Feb 12, 2014 7:13am

Aaronfb
| Joined Nov 2011 | Status: Trader | 140 Comments

EUR has been in a downward channel since December. Yesterday we had a small pin bar form on the daily at the top of the channel. Should be no surprise that the EUR is headed down today, regardless of the news.

#23
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Feb 12, 2014 7:13am Feb 12, 2014 7:13am

Daniel J
| Joined Aug 2011 | Status: Trader | 3 Comments

Ahoy Captain, set the sails, this can get the ship sailing south!!!!

#24
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Feb 12, 2014 7:19am Feb 12, 2014 7:19am

Trader#9FCE
| Status: Unregistered Trader

a declining euro is good for the eu. it will make eu products more competitive.

#25
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Feb 12, 2014 7:23am Feb 12, 2014 7:23am

Chawl
| Joined Feb 2012 | Status: Trader | 120 Comments

Quoting kuncung

Disliked

Good news for usa. Strong dollar

Ignored

Tapering means less dollars but reduced risk also. USD will possibly begin to act like the reserve currency again. Reduced risk sentiment can overcome dollar scarcity and minors may soar unexpectedly. As we have not seen risk rallies for a long time, our trader eyes forgot it. May be it's time to be careful.

Trade what you see..

#26
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Feb 12, 2014 7:23am Feb 12, 2014 7:23am

jorryo
| Joined Jun 2009 | Status: Trader | 20 Comments

ECB will never go negative on deposit rate, this will hurt lending more. Lenders will charge more for credit so they can cover the negative rate.

No risk, No Glory.

#27
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Feb 12, 2014 7:35am Feb 12, 2014 7:35am

Chanlie
Joined Jan 2014 | Status: Trader | 25 Comments

Finally, Drop Like Hell

Forex as Leverage

#28
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Feb 12, 2014 7:44am Feb 12, 2014 7:44am

satwi.1991
| Joined Jan 2014 | Status: Trader | 24 Comments

possible to come down today 1.34

#29
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Feb 12, 2014 7:54am Feb 12, 2014 7:54am

jw1981
| Joined Nov 2012 | Status: Trader | 323 Comments

Quoting GDR3k

Disliked

It makes me wonder how much money these central bank figures must make in bribes..."say something negative for the currency at 11:45am UTC to all channels, here's 10 grand..."

Ignored

Good point.

Does anyone know if the ECB is answerable to anyone in the EU like Yellen to House Financial Services and Carney to the Parliamentary Committee in the UK?

#30
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Feb 12, 2014 7:55am Feb 12, 2014 7:55am

insomniawawa
| Joined Mar 2012 | Status: Trader | 149 Comments

Quoting GDR3k

Disliked

It makes me wonder how much money these central bank figures must make in bribes..."say something negative for the currency at 11:45am UTC to all channels, here's 10 grand..."

Ignored

only 10k?? it would be good to pay 1m if you can earn for example 100m in hour

of course if such person has billions $ on forex account

#31
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Feb 12, 2014 7:56am Feb 12, 2014 7:56am

Fermy17
| Joined May 2012 | Status: Trader | 59 Comments

i dont know ecb need, because my acc balance very little add and can very loss when up or down in trade pair EU

#32
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Feb 12, 2014 7:56am Feb 12, 2014 7:56am

fx-trader777
Joined Aug 2005 | Status: steady and consistent | 198 Comments

Well EURUSD apart from other pairs become range trading currency, 1.35 definitely seems to be close to equilibrium and in next decade I think it will float around it. +/- 1000 pips.

kiss the trend

#33
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Feb 12, 2014 8:04am Feb 12, 2014 8:04am

satwi.1991
| Joined Jan 2014 | Status: Trader | 24 Comments

possible to come down today 1.34

#34
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Feb 12, 2014 8:07am Feb 12, 2014 8:07am

jrdFX
| Joined Mar 2012 | Status: Trader | 56 Comments

Huh now i did long....is it possible tonight?

#35
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Feb 12, 2014 8:18am Feb 12, 2014 8:18am

Daniel J
| Joined Aug 2011 | Status: Trader | 3 Comments

Is this a coincidence that such an announcement follows a bearish Pin Bar from yesterday. Seems like the market was anticipating such an event?

#36
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Feb 12, 2014 8:36am Feb 12, 2014 8:36am

jrdFX
| Joined Mar 2012 | Status: Trader | 56 Comments

Is it the next news "ECB President Draghi Speaks" will make move the market?

#37
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Feb 12, 2014 8:45am Feb 12, 2014 8:45am

workingforex
Joined Dec 2013 | Status: Trader | 17 Comments

They are going to make a U-TURN later regarding this comment and ECB may have made lots of money in few hours time!!

#38
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Feb 12, 2014 8:58am Feb 12, 2014 8:58am

Trader#7AED
| Status: Unregistered Trader

this negative rates news has been fooling the bears for more than a year now. nothing else is new....

#39
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Feb 12, 2014 9:02am Feb 12, 2014 9:02am

Trader#D920
| Status: Unregistered Trader

EU is singing

#40
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Feb 12, 2014 10:06am Feb 12, 2014 10:06am

wael shami
| Joined Mar 2013 | Status: Trader | 132 Comments

Quoting GDR3k

Disliked

Breaking news will come out very shortly saying "ECB's Coeure never said the ECB is considering a negative deposit rate very seriously..." or another ECB member saying they aren't considering it.

Ignored

agree .

????

#41
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Feb 12, 2014 10:21am Feb 12, 2014 10:21am

Connected
| Membership Revoked | Joined Mar 2012 | 168 Comments

Dragh-queen due in 9mins, looking forward to some specialist movements...

Tracking the Specialists.

#42
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Feb 12, 2014 10:26am Feb 12, 2014 10:26am

Fermy17
| Joined May 2012 | Status: Trader | 59 Comments

sell 1.3677 to tp 1.3577 tomorrow, what happen now? can buy 1.3577 to tp 1.3677, who are know?

#43
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Feb 12, 2014 10:26am Feb 12, 2014 10:26am

Trader#6DBA
| Status: Unregistered Trader

how will this affect EUR/USD in your opinion?

#44
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Feb 12, 2014 10:31am Feb 12, 2014 10:31am

Fermy17
| Joined May 2012 | Status: Trader | 59 Comments

or sell 1.3577 to tp 1.3477

#45
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Feb 12, 2014 10:41am Feb 12, 2014 10:41am

Antek Buckle
| Joined Feb 2014 | Status: Trader | 8 Comments

is draghi going to talk

#46
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Feb 12, 2014 10:48am Feb 12, 2014 10:48am

babi3036
| Joined May 2012 | Status: Trader | 30 Comments

where's the link?

#47
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Feb 12, 2014 10:50am Feb 12, 2014 10:50am

nealz11
| Membership Revoked | Joined Feb 2014 | 2 Comments

is there any live blog or live stream regarding draghi's speech?

#48
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Feb 12, 2014 11:03am Feb 12, 2014 11:03am

albertoe
| Joined Feb 2013 | Status: Trader | 38 Comments

Draghi does not exist, is a wax doll

#49
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Feb 12, 2014 11:28am Feb 12, 2014 11:28am

workingforex
Joined Dec 2013 | Status: Trader | 17 Comments

Draghi and Co. made huge sum and now skipped the meet!!

#50
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Feb 12, 2014 11:30am Feb 12, 2014 11:30am

Connected
| Membership Revoked | Joined Mar 2012 | 168 Comments

Quoting workingforex

Disliked

Draghi and Co. made huge sum and now skipped the meet!!

Ignored

Snorting cocaine off a hookers nipple in the back room!

Tracking the Specialists.

#51
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Feb 12, 2014 11:34am Feb 12, 2014 11:34am

Spreadbetter
| Membership Revoked | Joined Feb 2012 | 3235 Comments

No flies on you eh?

Quoting Daniel J

Disliked

Is this a coincidence that such an announcement follows a bearish Pin Bar from yesterday. Seems like the market was anticipating such an event?

Ignored

"The meek shall inherit the earth.." Yeah right, good luck with that shit..

#52
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Feb 12, 2014 11:57am Feb 12, 2014 11:57am

Scientist
| Joined Mar 2007 | Status: Programmer/Software Engineer | 232 Comments

this sh*t is funny to me, like a puppet show

#53
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Feb 12, 2014 12:02pm Feb 12, 2014 12:02pm

workingforex
Joined Dec 2013 | Status: Trader | 17 Comments

Has anyone got live feed link ?

#54
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Feb 12, 2014 1:48pm Feb 12, 2014 1:48pm

mysystem
| Joined Jun 2013 | Status: Trader | 103 Comments

Don't be surprised dat dis will only be a little take-over to over-take.

#55
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Feb 12, 2014 6:53pm Feb 12, 2014 6:53pm

Trader#90ED
| Status: Unregistered Trader

down............

#56
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Feb 12, 2014 11:02pm Feb 12, 2014 11:02pm

nealz11
| Membership Revoked | Joined Feb 2014 | 2 Comments

http://www.ecb.europa.eu/press/key/date/2014/html/sp140212.en.html

#57
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Feb 13, 2014 1:02am Feb 13, 2014 1:02am

jampang
| Joined Aug 2013 | Status: Trader | 21 Comments

i would like to hear Draghi's voice

Story Stats

Posted: Feb 12, 2014 6:35am
Submitted by:
Newsstand

Category: High Impact Breaking News

Comments: 57 / Views: 29,142