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  • Draghi: Hearing of the Committee on Economic and Monetary Affairs of the European Parliament

    From ecb.europa.eu

    Mr Chairman, Honourable members of the Economic and Monetary Affairs Committee, Ladies and gentlemen, It is a pleasure to be back at the European Parliament before your Committee. Since we last met, the ECB’s Governing Council has taken important decisions on the recalibration of our monetary policy stance after September this year. In my remarks today, I will outline these decisions and explain the assessment of the current economic environment on which they were based. Following the recent euro area summit, I will also take this opportunity to discuss the future of our Economic and Monetary Union (EMU), pointing ... (full story)

  • #1
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  • Jul 9, 2018 9:12am Jul 9, 2018 9:12am
EURO is clearly in a buy mode for those who missed it
  • #2
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  • Jul 9, 2018 9:18am Jul 9, 2018 9:18am
Quoting DonFF
EURO is clearly in a buy mode for those who missed it

Exactly,usually when Draghi open his mouth,Euro start to south,but this time its just opposite.
  • #3
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  • Jul 9, 2018 9:22am Jul 9, 2018 9:22am
He will explain his words and eur will fall market got my words wrongly, he will say )
  • #4
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  • Jul 9, 2018 9:29am Jul 9, 2018 9:29am
Guys don't you think, Since forex pairs are directly correlated to one another, fundamentals are on not important on the long run
  • #5
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  • Jul 9, 2018 9:31am Jul 9, 2018 9:31am
i think after speech eurusd going to down side
chandan agrawal
  • #6
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  • Jul 9, 2018 9:34am Jul 9, 2018 9:34am
another speech coming out at 3 pm
  • #7
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  • Jul 9, 2018 9:38am Jul 9, 2018 9:38am
Quoting sunpied
another speech coming out at 3 pm
Good point, although I thought it was at 4pm?
  • #8
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  • Jul 9, 2018 9:45am Jul 9, 2018 9:45am
  •  Trader#3444
  • | Status: Unregistered Trader
Trader & Investor Information:

The EU IS the largest economy in the world. Although growth is projected to be slow, the EU remains the largest economy in the world with a GDP per head of €25 000 for its 500 million consumers.
The EU is the world's largest trading block. The EU is the world’s largest trader of manufactured goods and services. It ranks first in both inbound and outbound international investments and is the top trading partner for 80 countries. By comparison the US is the top trading partner for a little over 20 countries.
It is also the most open to developing countries. Fuels excluded, the EU imports more from developing countries than the USA, Canada, Japan and China put together.
The EU benefits from being one of the most open economies in the world and remains committed to free trade... for example ..The average applied tariff for goods imported into the EU is very low. More than 70% of imports enter the EU at zero or reduced tariffs. Finally the EU’s services markets are highly open and it has arguably the most open investment regime in the world.
  • #9
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  • Jul 9, 2018 10:04am Jul 9, 2018 10:04am
Now buyin'
The Past mistakes are your guides to provide you directions of the present.
  • #10
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  • Jul 9, 2018 10:07am Jul 9, 2018 10:07am
EUR/CAD will have some interesting moves this week.
The Past mistakes are your guides to provide you directions of the present.
  • #11
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  • Jul 9, 2018 10:09am Jul 9, 2018 10:09am
EURAUD "tears in heaven"
  • #12
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  • Jul 9, 2018 2:46pm Jul 9, 2018 2:46pm
Quoting DonFF
EURO is clearly in a buy mode for those who missed it
can you explain why? I see here heading writes the opossite : https://www.dailyfx.com/forex/technical/home/analysis/us_dollar_index/2018/07/09/US-Dollar-Technical-Analysis-Price-Chart-Elliott-Wave-MACD.html
  • #13
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  • Jul 9, 2018 8:29pm Jul 9, 2018 8:29pm
  •  Trader#B753
  • | Status: Unregistered Trader
Don't you see donff? The market is heading north for EUR/CAD. this wednesday, BOC is going to be bullish for they have schedule for the rate hike and its high time for the euro to climb up as correction and consolidation for the part of the loonie and the near supportive area will be 1.5100
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  •  Trader#CDAE
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