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  • 3 Reasons Behind EURO’s V-Shaped ECB Reversal

    From bkassetmanagement.com

    The European Central Bank went above and beyond today in rolling out a massive stimulus package. Their actions not only reflect their desperation but also their resolve to boost the Eurozone economy and mitigate the risk of recession. These were the five steps taken today and when they were first announced, the combination of efforts drove EUR/USD to a low of 1.0927. The ECB also lowered their inflation and GDP forecasts for 2019 and 2020. According to ECB President Draghi, their actions were prompted by 3 elements – a more marked slowdown in the Eurozone economy, the persistence of downside risks and their baseline ... (full story)

Why the market thinks that the FED will cut rates ? is their any confirmation on that ?, u know what i feel like these articles are really missleading . Eur will go down to earth . Fuck off
Not another one from Kathy Lien, who writes elementary Forex trading books.

Another thing that could have reversed the Euro..From LiveSquawk "Leaked resolution reveals the EU is preparing to grant the UK another Brexit extension"...

Why of course they will! Britain can have as many Extensions as they want. Take your time, don't rush.
Quoting Micc23
Not another one from Kathy Lien, who writes elementary Forex trading books. Another thing that could have reversed the Euro..From LiveSquawk "Leaked resolution reveals the EU is preparing to grant the UK another Brexit extension"... Why of course they will! Britain can have as many Extensions as they want. Take your time, don't rush.
Lol. I have always thought the politicians, for all their fighting, were agreed.

Politicians: We need to delay this thing until we can figure out a way to NOT leave the EU...
Quoting Kathy Lien
ECB actions guarantee Fed cut next week.
USD has dropped only against the Euro, CHF and GBP, if it had been due to a new expectation of a Fed rate cut, it would have dropped against all other currencies and it did not.
Quote
3 Reasons Behind EURO’s V-Shaped ECB Reversal
1. Clean out
2. Flushout
3. Because they can
The newsmakers will always invent reasons after the fact. They have a bull/bear hypothesis at their fingertips no matter what the situation.
Quoting clemmo17
The newsmakers will always invent reasons after the fact. They have a bull/bear hypothesis at their fingertips no matter what the situation.
Agree my bro....its their job
She still in school?
When it comes to the media and their reports I tend to tune them out and just stick to my guns. If you were to get influenced every time someone had a bearish/bullish opinion towards something you'd be flip flopping till death.
guys guys , this is only Fuckin manipulation . Eur Down again to 1.0923.
Quoting Ghass1234
Why the market thinks that the FED will cut rates ? is their any confirmation on that ?, u know what i feel like these articles are really missleading . Eur will go down to earth . Fuck off
after 08. US aggressively cut rates and did qe. now that the economy is stronger than pre 08. rates are still extremely low. as such fed's has yet to fully recover its "rate cutting" tool. if a recession hits now (which is highly probable), the fed cannot fully utilize its rate cutting as there is no rate to cut apart from going negative. simple economics.
no rate cut and the dollar will go up
Absolute hogwash. Lie! There was no reason. These outlets are also in the same crime with the market makers. They invent reasons for such madness as yesterday just to keep the retail herd from walking away. I made money both ways, but experience and more awareness of what is happening has made me understand that it's all a lie.
Quoting Rose_5-HT
{quote} USD has dropped only against the Euro, CHF and GBP, if it had been due to a new expectation of a Fed rate cut, it would have dropped against all other currencies and it did not.
I do expect another rate cute, however a lot is riding on the China and US trade negotiations that will decide if volatility in the markets return!
Any retail trader following advice of BK Asset Management, any other Analyst, whether Bloomberg, Reuters or analysts of the major banks, as well as other so called independent analysts are on a hiding to nowhere.

To succeed at trading you MUST learn to follow and analyse the news independently, by all means read what the analysts are reporting, but check and double check and headlines, make your own mind up and trade accordingly.
4th reason is EU had a bullish weekly prior
all they gotta do is tax every person a few quid, that's how Europhiles think...
divide it by 500 million
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A lot of upset folks out here, yet Kathy Lien does give her best. I have known her work and read many of her outputs for over 10 years now. I think the issue really is not her or her views and indeed she relies on techniques common in the trade. Rather the issue is those very techniques in use. It is amusing to me that with techniques that have for years led no one anywhere consistent in calling the market and or even in explaining how the markets work with any consistency folks still stick with such nonsense and rigidly refuse to explore clearly more effective and demonstrably scientific approaches. I think that if one really wants an edge it would not be found in "technical" and "fundamental" analysis and that much should be obvious to all other than newbies.
>>>------------>>> The market is wickedly complex for good reason. In any field at all, success comes to those who make the effort excel, usually by means other than is currently common practice. A word is enough for the wise.
?? Really, all this was processed by analysts and sent to ALL big bank traders in less than an hour? First the euro spiked up to top of month range at 7;45 before word one was uttered, then quickly went to the bottom of Sep range only to return to take out the first spike up 2 hrs later. That is NOT fundamental action, it is traders manipulating their markets because they can! Nice try to put a fig leaf on their actions but it is time to call it what it is already!
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