[Branch closed!] EURUSD - Trends, Forecasts and Consequences (Episode 4) - page 80
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Go ahead and punch in 163.
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2011.05.26 11:37:50 *ECB President Trichet: Surging energy, commodity prices have had a strong impact on consumer price inflation
2011.05.26 11:38:1326 11:38:13 *ECB President Trichet: "Watching closely" the price stability situation
2011.05.26 11:38:44 *ECB President Trichet: Should not let commodity prices affect inflation prospects
2011.05.26 11:39:06 *ECB President Trichet: Will do "everything necessary" to fulfill ECB mandate
2011.05.26 11:39:37 *ECB President Trichet: Unconventional measures do not affect monetary policy
2011.05.26 11:40:07 *Trichet: There is a clear separation between unconventional measures and inflation policy
2011.05.26 11:40:47 *Trichet: Unconventional measures must be taken in tandem with market failures
2011.05.26 11:41:1826 11:41:18 *Trische: The ECB's priority is to ensure price stability
2011.05.26 11:41:44 *Trische: More automatic, strong sanctions mechanisms are needed
2011.05.26 11:42:31 *Trische: Interest rate decisions reflect "firm independence" of ECB
2011.05.26 11:43:02 *Trische: Rate decisions made during crisis proved successful
2011.05.26 11:37:19 *ECB President Trichet: The upside risks to price stability have made themselves felt in recent months
2011.05.26 11:37:50 *ECB President Trichet: Surging energy, commodity prices have had a strong impact on consumer price inflation
2011.05.26 11:38:1326 11:38:13 *ECB President Trichet: "Watching closely" the price stability situation
2011.05.26 11:38:44 *ECB President Trichet: Should not let commodity prices affect inflation prospects
2011.05.26 11:39:06 *ECB President Trichet: Will do "everything necessary" to fulfill ECB mandate
2011.05.26 11:39:37 *ECB President Trichet: Unconventional measures do not affect monetary policy
2011.05.26 11:40:07 *Trichet: There is a clear separation between unconventional measures and inflation policy
2011.05.26 11:40:47 *Trichet: Unconventional measures must be taken in tandem with market failures
2011.05.26 11:41:1826 11:41:18 *Trische: The ECB's priority is to ensure price stability
2011.05.26 11:41:44 *Trische: More automatic, strong sanctions mechanisms are needed
2011.05.26 11:42:31 *Trische: Interest rate decisions reflect "firm independence" of ECB
2011.05.26 11:43:02 *Trische: Rate decisions made during crisis proved successful
And does this mean a recovery of the uptrend after a correction?
I wonder if 1.40500 is coming or not?
It seems that while the price has been standing still for 8 hours ...
And this means the recovery of the uptrend after the correction?
Actually, we haven't come out of the uptrend yet...
EuroZealander may try to look for buy entry ...1.7520 worked out ...I think they will start to move up on this pair .
Actually, we are not out of the uptrend yet...
That's what I'm saying, a recovery AFTER the correction.
I ask differently: Can Trichet's words, from the FA's point of view, be an indication of the end of the correction or are we still down to 50% and then it's a matter of opinion?
target for the euraseland is 1.81 somewhere ... but there is a possibility that the price will go even lower.... the zealand dollar is climbing towards 0,82 as we speak.
Multiply the targets, we get Eurobuck 1.484. Ready? Right now.