Italian auction results | Forex Factory

  • Italian auction results

    From forexlive.com

    Italy sold a total of Eur 5.732 bln 5 and 10 yr BTP’s out of a targeted Eur 4.5-6.25 bln… Sold Eur 3.391 bln of benchmark 4.75% June 2017 BTP, yield 5.66 % (from 4.86%), cover 1.352 (from 1.34) Sold Eur 2.341 bln of benchmark 5.5% Sept 2022 BTP, yield 6.03 % (from 5.84%), cover 1.395 (from 1.48) Worse yields and failed to take up the full target… EUR/USD’s down around 1.2435 but damage really already done by poor EU economic/business sentiment data and rising Spanish and Italian yields

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braintec
May 30, 2012 4:44am
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Quoting jonahky7
Inter bank messaging are few minutes faster than news release - unless you have big money to splash on the inter bank system. Don't forget news release needs human fingers to type!!!!

FF news are usually 10-15mins later than news release, so if you add up all the time lag + inter bank messaging lag, it's all over by the time you see the news and enter a trade (you lose precious pips). So better if you go to the sites directly and pay attention to all news from various sites rather than pinning your eyes on ONLY 1 site. It pays to have multiple...
Mario is the real PIG, come from goldmansachs trilateral etc. he is A CRIMINAL, playing with our lives
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Boby
May 30, 2012 4:49am
Permalink
Quoting jonahky7
Inter bank messaging are few minutes faster than news release - unless you have big money to splash on the inter bank system. Don't forget news release needs human fingers to type!!!!

FF news are usually 10-15mins later than news release, so if you add up all the time lag + inter bank messaging lag, it's all over by the time you see the news and enter a trade (you lose precious pips). So better if you go to the sites directly and pay attention to all news from various sites rather than pinning your eyes on ONLY 1 site. It pays to have multiple...
Thank you very much for your excellent response!
Reply
Greener
May 30, 2012 4:25am
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considering they were just hit by earthquakes it is not bad at all
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Dr. forex
May 30, 2012 5:25am
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Draghi is facing the press today, on the whole i expect the US session today to be much hotter than the HELL, hope you all some luck but you have to take care.
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4xmaker
May 30, 2012 4:34am
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USD isn't the haven for this high yield ATM, JPY is getting all the buying for now.
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jonahky7
May 30, 2012 4:31am
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Quoting Boby
why first the market is moving and after that come the news?
this news is only to know what the h hit us?
Inter bank messaging are few minutes faster than news release - unless you have big money to splash on the inter bank system. Don't forget news release needs human fingers to type!!!!

FF news are usually 10-15mins later than news release, so if you add up all the time lag + inter bank messaging lag, it's all over by the time you see the news and enter a trade (you lose precious pips). So better if you go to the sites directly and pay attention to all news from various sites rather than pinning your eyes on ONLY 1 site. It pays to have multiple news going on.

Cool........yield is shooting up by average 1%, nice one Italy, keep it up with such crap results. Your people will be revolting against you soon Mario!
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Boby
May 30, 2012 4:28am
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why first the market is moving and after that come the news?
this news is only to know what the h hit us?
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abaskar74
May 30, 2012 4:25am
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operation twist.
Reply
nunonuk
May 30, 2012 4:29am
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Euro going down...
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