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ECB News and Stories

Admin

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It's being reported on the wires that ECB's Lautenschlaeger says we should prepare for a change in ECB policy.


EURUSD spiked around 15 pips but paring the gains slightly now. Will keep an eye out for any further news.
 

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Bloomberg have an article on his announcment. View here.
 

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Draghi making a speech is causing EURUSD to fall in a hole. It wasn't listed on the calendar so I'm not sure if it was scheduled or they just missed it. Either way, it's creating plenty of movement.

Story here.
 

TraderX

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I wondered what had happened! Big move for the euro! Yikes.
 

Spinning D

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Draghi's speech down as a Red News item on my Forex Factory Calendar -apparently brought forward by 13 hours.
 

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Draghi has again stirred up the Euro this time saying inflation is still subdued. Full story here.
 

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Some contrasting fortunes for the Euro ahead of a key ECB meeting tomorrow. This tweet counteracting the earlier one about adjusting their forecasted inflation. Headline algos have pumped EURUSD right back to where the move began.
 

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ECB have officially made big cuts to their inflation forecasts:

2017 INFLATION AT 1.5% VS 1.7%
2018 INFLATION AT 1.3% VS 1.6%
2019 INFLATION AT 1.6% VS 1.7%
 

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Draghi commenting that the ECB will be in the market for a long time and will do what is necessary. Essentially saying he/they will print unlimited quantities of money to try and support the Euro.
 

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Some rumours going round that key ECB policymakers are challenging the QE pledge. Trying to find some more info. Euro gaining ground quickly.
 

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The Euro is getting absolutely smoked and European equities are getting involved too.

Story here.
 

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An ECB member is being quoted as saying:

ECB's Praet: Interest Rates Expected To Remain At Present Levels For An Extended Period Of Time, Well Past Horizon Of Net Asset Purchases
 

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ECB set to slow down on it's bond purchasing as of end of the year. Article here.
 

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The Euro took a big knock from the ECB's latest revisions to their policy. Essentially they've followed the Fed and rates are to stay where they are for an extended period and cut their outlook for the economic outlook. Article here.
 
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