Easy money !!! Long EU
TAYOR!
TAYOR!
MT4: how to change "EURUSD" to "#EURUSD"? 3 replies
Re: EurUsd short term 15 replies
did oanda just drop its spread for eurusd to 1 pip? 11 replies
EA for multiple lot limit order for EURUSD 0 replies
NFP nice bump up on EURUSD 2 replies
DislikedGold jump up........ time to fiber, ausie for go long..........Ignored
DislikedFiber act like a 'yoyo'.........let's play it............long......short........Ignored
Dislikedhey guys.......
Let's do scalping......... look "forum>trading system>scalping the eur/usd effectively"
I just make 5 trade with no loss.......get 15 pips.........Ignored
DislikedThis triangle / range is getting tighter and tighter. The break-out should be interesting to say the least.Ignored
--ECB Central Scenario - EMU Growth To Remain Ongoing Moderate
--Sees Downside Risks Around This Central Scenario
-Reuters
BRUSSELS (MNI) - European Central Bank Vice President Lucas
Papademos said here today that the financial crisis is not yet over and
said that the economic consequences of the turbulence would be felt in
the future.
Speaking at the Brussels Economic Forum here Papademos said:
"Although there are some signs of easing tensions in certain market
segments I think overall the crisis is not over the pressures are
likely to remain with us for a certain period of time and as was noted
... the economic consequences of some of these financial market
pressures are likely to be felt in the future."
Growth in the euro zone would be lower this year than in the
previous year but he said that expansion would be moderate and ongoing:
"Our assessment here is that the most likely scenario is one in
which economic growth in the euro area in the context of a slowdown of
global economic activity is going to be slower than the previous year
but nevertheless it will remain at a level which suggests moderate but
ongoing increase in activity."
"All in all the central scenario is one of ongoing but moderate
growth but however we also emphasise that surrounding this scenario
there are various downside risks" he warned.
The ECB official agreed that it was important that asset price
developments should be assessed very carefully in deciding on monetary
policy but said that asset prices could not be a target of monetary
policy itself:
"I fully agree that asset prices are important variables that
should be taken into account in the conduct of monetary policy. However
I would not go so far as to say that asset prices can be a final or even
intermediate target of monetary policy."
Papademos said that the ECB`s liquidity operations had been
conducted on the basis of a "clear separation principle" from monetary
policy:
"We injected a lot of liquidity in the market...but it is important
to emphasise that this injection of liquidity did not alter the total
amount of liquidity."
On economic reform Papademos said that these had had a positive
impact in some parts of the euro zone but he said that the results
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overall had been patchy:
"There has been a positive impact which however is unevenly
distributed ... I think if one looks a little bit deeper on the impact
on reforms ... one can see that in some countries there is an
appropriate and measurable positive response". Elsewhere there had been
limited benefits from reforms.
--Brussels newsroom: 0032-2-230-4370 email:
[TOPICS: MT$$$$M$$EC$M$X$$$]
DislikedSupposedly
Institutional buying pressure has been seen below 1.5420~00 which could confirm further support.
The likes of UBS, Deutsche Bank, Credit Suisse, and RBS, selling off 3-7~ yards of EUR@ the 1.5490~60 earlier
Same instituions with others reporting pending positions around 1.5420~00
more laterIgnored