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Will The ECB Be Bold Enough Not To Disappoint?
It's no surprise to see capital markets beginning to trade tight ahead of this weeks main events – the ECB's supposedly telegraphed solution to their low inflation problem and the US's grandfather of economic releases, non-farm payrolls. A move is expected by the ECB tomorrow, but how aggressive is anyone's guess. Euro-policy makers have a decent track record in disappointing the market, making it a market prerequisite to consistently price that as well. No matter what, Euro-policy makers are required to be firm, and must walk away giving the market a perception that they are not done, that any interest-rate cut ... (full story)
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- Jun 4, 2014 1:42pm Jun 4, 2014 1:42pm
- frx_trader
- | Joined Jun 2012 | Status: Analyst | 3129 Comments
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- OnlineAddict
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Everyone can see the chart, but only a few can actually read it.
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- frx_trader
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- Tradethepips
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Why such a rigid stance? To learn is the funniest process in live...