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  • #1,115,341
  • Jun 8, 2017 8:20am Jun 8, 2017 8:20am
Quoting renanvito
quite bullish for EUR, as Draghi said, the economic conditions are in the best moment of the last years.
Yeah, but he also said that they have been keeping inflation historically steady in the recent years. BUT that has not gotten to the 2% target... no 2% target, no rate hike. And US is set to do more on this front than ECB is.

I'd think massive weight down on EUR.

It started up with people's belief a few weeks ago that they would tighten and NONE of that in this release. Not a little bit right?
  • #1,115,342
  • Jun 8, 2017 8:20am Jun 8, 2017 8:20am
Quoting renanvito
quite bullish for EUR, as Draghi said, the economic conditions are in the best moment of the last years.
that's not what the market thinks at this time
Don't Worry Be Happy
  • #1,115,343
  • Jun 8, 2017 8:20am Jun 8, 2017 8:20am
Quoting ill_be_back
{quote} OUT with 30+
pssh..out with 98, so i win!

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  • #1,115,344
  • Jun 8, 2017 8:22am Jun 8, 2017 8:22am
If Tories get in it will crash its way back down xxxx<1.10 (just don't eject out too soon and cut your profits early ),

However If Labour gets in it will be no stopping to the top
Trading is a Zero sum game. Someone winning means someone losing.
  • #1,115,345
  • Jun 8, 2017 8:22am Jun 8, 2017 8:22am
i am confused at converting the time zone, James Comey testifies at 10 AM... what does it mean, in how many hours will this be. Thanks!! ( i am from europe)
  • #1,115,346
  • Jun 8, 2017 8:23am Jun 8, 2017 8:23am
Quoting Fallowme
i am confused at converting the time zone, James Comey testifies at 10 AM... what does it mean, in how many hours will this be. Thanks!! ( i am from europe)
in about 37 minutes
Don't Worry Be Happy
  • #1,115,347
  • Jun 8, 2017 8:24am Jun 8, 2017 8:24am
Quoting MrPresident
{quote} in about 37 minutes
Thx!
  • #1,115,348
  • Jun 8, 2017 8:24am Jun 8, 2017 8:24am
Quoting skillz16
{quote} Yeah, but he also said that they have been keeping inflation historically steady in the recent years. BUT that has not gotten to the 2% target... no 2% target, no rate hike. And US is set to do more on this front than ECB is. I'd think massive weight down on EUR. It started up with people's belief a few weeks ago that they would tighten and NONE of that in this release. Not a little bit right?
He said about stop the asset purchase program this year. Inflation is around to 1.5%, it is not 2%, but not so far from that.
I dont think market was expecting a rate hite, I think the big info here was when the purchase program is expected to end.
  • #1,115,349
  • Jun 8, 2017 8:29am Jun 8, 2017 8:29am
Quoting hilmy83
{quote} pssh..out with 98, so i win! {image}

How long did it take for that 98
A good trader follows his rules, but great trader knows when to break them
  • #1,115,350
  • Jun 8, 2017 8:29am Jun 8, 2017 8:29am
Quoting MrPresident
{quote} that's not what the market thinks at this time
He said about the PMI best moment since 2011, about the 5 million jobs created in recent years, and several other data showing the best moment of the economy in recent years, if it was not bullish for euro, the EURUSD would be already bellow 1.10.
  • #1,115,351
  • Jun 8, 2017 8:32am Jun 8, 2017 8:32am
Quoting hilmy83
{quote} pssh..out with 98, so i win! {image}
Shorted yesterday...woke up today to this ...I like winning too
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  • #1,115,352
  • Jun 8, 2017 8:35am Jun 8, 2017 8:35am
Oops, once again, bulls were swallowed
I told them there is correction till 1.0750 level
When you're not sure Short or Long - toss a coin! Chances are 50% !!!
  • #1,115,353
  • Jun 8, 2017 8:38am Jun 8, 2017 8:38am
Quoting ill_be_back
{quote} How long did it take for that 98
about 5 hours..

you, me and babypips..lets have a nice drink of coffee

  • #1,115,354
  • Jun 8, 2017 8:39am Jun 8, 2017 8:39am
Quoting renanvito
{quote} He said about the PMI best moment since 2011, about the 5 million jobs created in recent years, and several other data showing the best moment of the economy in recent years, if it was not bullish for euro, the EURUSD would be already bellow 1.10.
Do you still believe criminals from CBs, who created the ponzi system, aka "Financial system"? LOL.
I'm sure Mario Draghi and his friends took a huge SHORT position on Euro

When you're not sure Short or Long - toss a coin! Chances are 50% !!!
  • #1,115,355
  • Jun 8, 2017 8:44am Jun 8, 2017 8:44am
Quoting renanvito
{quote} He said about stop the asset purchase program this year. Inflation is around to 1.5%, it is not 2%, but not so far from that. I dont think market was expecting a rate hite, I think the big info here was when the purchase program is expected to end.
Isn't 2% 33% larger than 1.5%? That is not an insignificant hurdle to jump right? Especially since they've not been able to surpass 1.5% or whatever now for the past decent length of history.

And I saw people mention that they thought the rates would be bumped due to the good PMI and other data out of some of the EZ before. Now that is looking like an "unmentioned" bullish blip here at least at the moment... right?
  • #1,115,356
  • Jun 8, 2017 8:50am Jun 8, 2017 8:50am
Quoting skillz16
{quote} Isn't 2% 33% larger than 1.5%? That is not an insignificant hurdle to jump right? Especially since they've not been able to surpass 1.5% or whatever now for the past decent length of history. And I saw people mention that they thought the rates would be bumped due to the good PMI and other data out of some of the EZ before. Now that is looking like an "unmentioned" bullish blip here at least at the moment... right?
It needs 33% more, and will take quarters to achieve that, but the statement "There is no more chance of deflation", it is significant I think.
  • #1,115,357
  • Jun 8, 2017 8:55am Jun 8, 2017 8:55am
Quoting Montrealer
{quote} Do you still believe criminals from CBs, who created the ponzi system, aka "Financial system"? LOL. I'm sure Mario Draghi and his friends took a huge SHORT position on Euro
Dollar is getting stronger all across the board, but against euro it is being hard to go down. I think any relief from dollar today can make it jumps to 1.127 or higher.
  • #1,115,358
  • Jun 8, 2017 8:58am Jun 8, 2017 8:58am
Quoting renanvito
{quote} It needs 33% more, and will take quarters to achieve that, but the statement "There is no more chance of deflation", it is significant I think.
When you read from CB "There is no more chance of deflation", you know that they mention exactly the opposite. Next month they will correct the statement with the following options:

a. Inflation is slower than we expected.
b. Deflation is not out of play.
c. Growth in Eurozone is moderate.
d. Risks in Eurozone still persist.

When you're not sure Short or Long - toss a coin! Chances are 50% !!!
  • #1,115,359
  • Jun 8, 2017 9:14am Jun 8, 2017 9:14am
Quoting Montrealer
{quote} When you read from CB "There is no more chance of deflation", you know that they mention exactly the opposite. Next month they will correct the statement with the following options: a. Inflation is slower than we expected. b. Deflation is not out of play. c. Growth in Eurozone is moderate. d. Risks in Eurozone still persist.
Holding shorts.

Down we go.

  • #1,115,360
  • Jun 8, 2017 9:15am Jun 8, 2017 9:15am
Will it just bloody break!
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