Like me, cuts losses quickly. But has more patience and lets his winn
- #104,662
- Mar 23, 2020 3:28am Mar 23, 2020 3:28am
ECB’S DE GUINDOS: CORONAVIRUS WILL PUT EUROPE INTO A RECESSION
23 March 2020, 04:43
In an interview with Spanish TV La Sexta channel late Sunday, the European Central Bank (ECB) Vice President Luis De Guindos said that the coronavirus economic impact will put Europe into a recession, adding that it should transitory, however.
Key quotes
“This impact will be very hard and will place Europe into a recession.”
“I believe that the first semester will be very bad. Europe will enter into a recession and this will drag the overall European economy into negative growth rates in the year, but in the second semester I believe we will see positive growth rates for Europe.”
“ECB will act as much as needed to combat the coronavirus’ damaging economic impact and stressed the importance of avoiding a debt crisis in Europe.”
23 March 2020, 04:43
In an interview with Spanish TV La Sexta channel late Sunday, the European Central Bank (ECB) Vice President Luis De Guindos said that the coronavirus economic impact will put Europe into a recession, adding that it should transitory, however.
Key quotes
“This impact will be very hard and will place Europe into a recession.”
“I believe that the first semester will be very bad. Europe will enter into a recession and this will drag the overall European economy into negative growth rates in the year, but in the second semester I believe we will see positive growth rates for Europe.”
“ECB will act as much as needed to combat the coronavirus’ damaging economic impact and stressed the importance of avoiding a debt crisis in Europe.”
Like me, cuts losses quickly. But has more patience and lets his winn
- #104,663
- Mar 23, 2020 3:30am Mar 23, 2020 3:30am
- Joined May 2014 | Status: Full Time Trader | 27,130 Posts
Focus only on what truly matters!
- #104,664
- Mar 23, 2020 3:32am Mar 23, 2020 3:32am
- | Joined Feb 2018 | Status: Trader | 1,276 Posts
ECB’S DE GUINDOS: CORONAVIRUS WILL PUT EUROPE INTO A RECESSION 23 March 2020, 04:43 In an interview with Spanish TV La Sexta channel late Sunday, the European Central Bank (ECB) Vice President Luis De Guindos said that the coronavirus economic impact will put Europe into a recession, adding that it should transitory, however. Key quotes “This impact will be very hard and will place Europe into a recession.” “I believe that the first semester will be very bad. Europe will enter into a recession and this will drag the overall European economy into...
- #104,666
- Mar 23, 2020 3:38am Mar 23, 2020 3:38am
EUR/USD: THE US SUPPORT BILL COULD PUSH THE DOLLAR HIGHER
23 March 2020, 10:29
US politicians' stance and the dire situation in Europe with the prospects of further economic strain may weigh heavily on the euro, according to Yohay Elam from FXStreet.
Key quotes
“The latest factor depressing investors is the disagreement in Washington. Democrats have refused to support Republicans' support bill to companies as it consists of a few strains attached.”
“Every politician on Capitol Hill would want to be seen as outdoing their colleagues. The final sum could be huge. That would mean more funding needed, and could thus put selling pressure on bonds, pushing yields higher and carrying the dollar with it.”
“Coronavirus is taking a heavy toll on Europe. The worst is yet to come – both in the virus's human toll and its economic one.”
“Additional reports from the old continent will likely rock markets. Eurostat's Consumer Confidence survey for March is set to drop
23 March 2020, 10:29
US politicians' stance and the dire situation in Europe with the prospects of further economic strain may weigh heavily on the euro, according to Yohay Elam from FXStreet.
Key quotes
“The latest factor depressing investors is the disagreement in Washington. Democrats have refused to support Republicans' support bill to companies as it consists of a few strains attached.”
“Every politician on Capitol Hill would want to be seen as outdoing their colleagues. The final sum could be huge. That would mean more funding needed, and could thus put selling pressure on bonds, pushing yields higher and carrying the dollar with it.”
“Coronavirus is taking a heavy toll on Europe. The worst is yet to come – both in the virus's human toll and its economic one.”
“Additional reports from the old continent will likely rock markets. Eurostat's Consumer Confidence survey for March is set to drop
Like me, cuts losses quickly. But has more patience and lets his winn
- #104,673
- Mar 23, 2020 4:56am Mar 23, 2020 4:56am
- Joined Jan 2015 | Status: Never underestimate value of an pip | 4,677 Posts
My before and after 
EU
EU
- #104,676
- Mar 23, 2020 5:04am Mar 23, 2020 5:04am
- Joined May 2014 | Status: Full Time Trader | 27,130 Posts
Focus only on what truly matters!
- #104,678
- Mar 23, 2020 5:22am Mar 23, 2020 5:22am
- Joined Oct 2018 | Status: Risk comes from not knowing what to | 2,233 Posts
Risk comes from not knowing what to do
- #104,679
- Mar 23, 2020 5:34am Mar 23, 2020 5:34am
- Joined May 2014 | Status: Full Time Trader | 27,130 Posts
{quote} Remember bro we are about breaking a very strong trendline support on monthly chart... And from my experience, a break of such magnitude usually comes with a long candle closing below the trendline support... Don't be surprised that we have seen the high of the week
*Also remember: 1.0635 is bad ass support on Monthly!
Stay Green
Focus only on what truly matters!