SignalSwiss
Long

EURUSD: Waiting "Super Mario"

FX:EURUSD   Euro / U.S. Dollar
Levels on Chart
TRADING ROOM
WebSite: http://www.tradingswiss.com
Broker: https://goo.gl/kh89n7

SOCIAL CHANNELS
StockTwits: https://stocktwits.com/SignalSwiss
FaceBook: https://www.facebook.com/TradingSwiss
FB Group: https://goo.gl/oAXwZR
The fact of the matter is that the continued presence of low nominal sovereign yields is the crux of the recovery, and any optimism the ECB brings forward will come with the ever-important commitment to seeing the €60 billion/month QE program to its conclusion in September 2016. Any commentary that suggests the QE program could be tapered – be it borne out of supply concerns or growth optimism – could cause a sharp Euro rally (shorts remain prevalent at 215.3K net-short contracts among speculators), a drop in equity markets, and yields to rise, especially in the periphery, which would surely send inflation expectations plummeting, thereyby undermining any progress seen to date.

It's in the ECB's best interests to downplay the scope of the recovery, and therefore, any rally see around the ECB meeting should prove short-lived.
Reply
Nice, makes perfect sense.
Reply
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out