ecb

  1. syamfx2020

    DAILY MARKET REPORT - Thursday, Oct 29, 2020

    EURO slides to the lowest level in two weeks ahead of ECB Monetary Policy Statement which is set to be released at 12:45 GMT. Along with this release will see the ECB Press Conference 45-minutes after at 13:30. The European Central Bank is expected to leave rates and QE program unchanged while...
  2. syamfx2020

    DAILY MARKET REPORT - Thursday, Sep 10, 2020

    Today’s session in Europe will see most its attention turns toward important ECB Monetary Policy Statement which is set to be released at 11:45 GMT. Along with this release will see the ECB president Christine Lagarde Conference 45-minutes after at 12:30. The ECB kept its main refinancing rate...
  3. syamfx2020

    EUR/USD back to above 1.1400 ahead of EU Summit

    The EUR/USD back to above 1.1400 ahead of European Union Leaders submit, which is meeting to continue negotiations about the nature of the EUR 750 billion pandemic recovery fund. The pair currently supported at 1.1370 and the resistance around 1.1450. On Thursday, the European central bank kept...
  4. syamfx2020

    DAILY MARKET REPORT - Thursday, July 15, 2020 - It's ECB day

    It's a big day for the EURO. The traders and investors remained cautious of the ECB's monetary policy decision and the press conference of its president Christine Lagarde. The main interest rate to remain unchanged at 0% and the deposit rate at -0.50%. EQUITIES Chinese stocks ended lower on...
  5. Jarratt Davis

    ECB | Current Sentiment

    Today's London session see's the release of UK Construction PMI for May and Eurozone PPI for April, followed early in today's New York session by the latest rate announcement and Press Conference by the ECB, along with comments from BoE's Carney, ADP Employment Change, and this week's Crude Oil...
  6. Jarratt Davis

    Buy USD | Current Sentiment

    Ahead we have Retail Sales from the UK, which is unlikely to move GBP given the market’s preoccupation with referendum polls. We will also see minutes from the recent ECB meeting. Our general trade call going forwards will be to buy USD on pullbacks against weakening currencies, such as the AUD...
  7. Jarratt Davis

    EUR Analysis – 21st of April

    Although the Euro has remained supported since March 10 with the ECB not looking to ease further for the foreseeable future, general consensus remains that the ECB could cut rates further into negative territory should economic conditions warrant such action. Given that the ECB remain in the...
  8. Jarratt Davis

    Current Sentiment | ECB Press Conference

    There is not trade call for the session. During yesterday’s New York session, the ECB exceeded expectations by cutting the Deposit Rate by 10 basis points, from -0.3% to -0.4% and also cutting the Main Refinancing Rate from 0.05% to 0.00%, and the Marginal Lending Facility from 0.30% to 0.25%...
  9. Jarratt Davis

    ECB Press Conference | Expected Volatility

    Today we have an important release from ECB, the press conference is taking place at 1:30pm GMT. We expect a very high level of volatility during this event. If Draghi reveals a large package of measures, such as an expansion of QE, then the euro will likely be pressured. If however Draghi...
  10. Jarratt Davis

    Forex News Trading Strategy For The Week

    The week begins quietly with low impact events on Monday and Tuesday. The main event of this week’s Forex News Trading Strategy is European Central Bank Press Conference taking place on Thursday at 1:30pm GMT. Full list of Forex news trading events taking place this week: Monday 7th 3:40am...
  11. A

    Central Banks's show is over, what do you expect from Greek elections?

    I just read an interesting article from another site where it said "I personally don's see Syriza as a Grexit threat. They have some valid points to take into consideration and the ECB covered itself pretty good with the QE terms and conditions. I think it will be pretty interesting to watch...
  12. C

    Do You Prefer the Euro or the Pound?

    Today, Thursday 25 July, we get the UK GDP Quarterly and the yearly numbers. It is expected the GDP grew in the last quarter at 0.6% up from the previous estimate of 0.3%. For the yearly comparison, the estimate is up 1.4%, an improvement from the previous increase of 0.3%. If these...
  13. C

    Ugly Betty, Take Your Pick: EUR v. USD

    There are two other reasons why I doubt the Fed can see the light at the end of the tunnel that illuminates a recovery. Of primary importance is the rapidly escalating cost of energy. While the Fed's monetary expansion aids the investment bankers who then allocate monies to various asset...
  14. C

    Technical and Sentiment, EUR and AUDUSD

    ECB President Mario Draghi took his team of traveling bankers to Ljubljana, Slovenia, population about 272K, and about 801km. away from Frankfurt. Despite the new venue, it does not appear the bankers have any different policies that will address the various needs and wishes of all parties...
  15. C

    Markets Produce Mixed Response to ECB's Bond-Buying Plans

    ECB President Draghi revealed his bond-buying plan, named 'Monetary Outright Transactions', similar to the plans leaked to the press Wednesday. While the market did rally Wednesday on the rumour, the EURUSD (FXE) has sold off from the high Thursday. There is probably more than one reason for...
  16. C

    Draghi Comments Buoy The Euro And The Equity Markets

    The European Central Bank President, Mario Draghi, at a meeting in London yesterday, led cheers for the future of the euro. Draghi said: "Within our mandate, the ECB is ready to do whatever it takes to preserve the euro. And believe me, it will be enough." There is no way to know if these...
  17. F

    FNN24 Real Time News Bullets for the Retail FX trader

    Ever wonder if you could get hold of mission critical news in real time just as the pro forex traders? A professional trader will use Bloomberg or Reuters terminal for his real time news, data and information but both cost upwards of $2000 / month /user depending on which part of the world...
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