ECB Preview: Will Draghi drag the euro down? | Forex Factory

  • ECB Preview: Will Draghi drag the euro down?

    From forexcrunch.com

    While most analysts who have been polled do not expect any changes in interest rates when the ECB meets tomorrow, we all are anxiously anticipating the comments made by President Draghi following the meeting. The EUR has moved higher by more than 5 big figures since the January meeting. Given such an aggressive move, it is possible that a comment on the EUR strength may come from the ECB. It is even possible, that in order to stem the tide, the ECB may even issue a “dovish” comment. We all know how central bank comments following their meetings can affect the market. Dovish comments from the Bank of Canada after ... (full story)

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hayseed
Feb 6, 2013 5:38pm
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draghi said it and the world heard it.... what, was he kidding......h

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http://www.reuters.com/article/2012/08/07/markets-forex-euro-idUSL6E8J74S520120807

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http://vimeo.com/47686450
iqyu5an
Feb 6, 2013 5:23pm
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they have to : with bad sales data they have.... ( even production and service provides good improvement ) how they could boost their export with too expensive currency ? there is two option : keep or cut rate. both will drag the euro down. IF not ... the only thing will happen.......is death stock ( followed by unpaid debt...unemployment etc ) ! real business must run in balance and competitive
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sisno13
Feb 6, 2013 5:40pm
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Quoting iqyu5an
they have to : with bad sales data they have.... ( even production and service provides good improvement ) how they could boost their export with too expensive currency ? there is two option : keep or cut rate. both will drag the euro down. IF not ... the only thing will happen.......is death stock ( followed by unpaid debt...unemployment etc ) ! real business must run in balance and competitive

He doesn't have to and he won't.
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BenMario
Feb 6, 2013 10:58pm
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Give us a good movie tonight Draghi.. Increase it to 2% lol
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Trader#245B
Feb 6, 2013 7:05pm
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Shorted Eur/Gbp at 0.8641, target 0.8500.

Come on draghi slash rates to 0% or negative!!
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