FOREX ECB Trichet Press Conference 03/04/2010

Posted by Henry Liu on March 3, 2010 under EUR ECB Press Conference, Europe, Forex News Trade | Be the First to Comment

8:30am NY Time ECB Chairman Trichet Press Conference
ACTION: N/A

We’ll be focusing on the ECB (European Central Bank) Chairman Jean-Claude Trichet press conference today as he releases an official statement from ECB regarding the official Interest Decision, followed with a brief Q&A Session… Here is an overview of the situation

ECB Trichet Press Conference 02/04/10

Posted by Henry Liu on February 3, 2010 under EUR ECB Press Conference, Europe, Forex News Trade | Be the First to Comment

8:30am NY Time ECB Chairman Trichet Press Conference
ACTION: N/A

We’ll be participating ECB (European Central Bank) Chairman Jean-Claude Trichet press conference today and he is going to be releasing the official ECB Interest Rate Statement along with a brief Q&A Session… Here is an overview of the situation

ECB Trichet Press Conference 01/14/10

Posted by Henry Liu on January 13, 2010 under EUR ECB Press Conference, Europe, Forex News Trade | Read the First Comment

8:30am NY Time ECB Chairman Trichet Press Conference
ACTION: N/A

We’ll be listening to ECB (European Central Bank) Chairman Jean-Claude Trichet releasing official ECB Interest Rate Statement along with a brief Q&A Session… Here is an overview of the situation:

ECB Trichet Press Conference 12/03/09

Posted by Henry Liu on December 2, 2009 under EUR ECB Press Conference, Europe, Forex News Trade | Read the First Comment

8:30am NY Time ECB Chairman Trichet Press Conference
ACTION: N/A

Trichet usually delivers an official statement along with a Q&A session 45 minutes after the official rate decision at 8:30am.  This press conference is usually very volatile and the market is always looking for clues from Trichet’s tone over future monetary policy directions.  If Trichet is hawkish over the future of EURO, namely talking about exit strategey and possibility of rate hikes, then we will see EURO gaining across the board; however, if  Trichet is dovish, focused on how slow the recovery might be and also on the issues over the imbalances of recovery within the members of EURO Zone, we’ll probably see EURO trade lower against other currencies…  Furthermore, Trichet will never tell you what you want to hear… therefore you need to listen between the lines and keep an eye on the market for confirmation.

ECB Trichet Press Conference 11/05/09

Posted by Henry Liu on November 4, 2009 under EUR ECB Press Conference, Europe, Forex News Trade | Be the First to Comment

8:30am (NY Time) EU Trichet Press Conference
ACTION: EUR/USD     BUY (Hawkish)   SELL (Dovish)

Trichet will deliver an official statement along with a Q&A session afterwards.  This press conference is usually very volatile and the market is always looking for clues from Trichet’s tone for future monetary policy directions.  If Trichet is hawkish over the future of EURO, namely talking about exit strategey and possibility of hikig rates, then we will see EURO gain; if  Trichet is dovish, focused on the real picture of the recovery, then we will see EURO trade lower against all other currencies.

ECB Trichet Press Conference 10/08/09

Posted by Henry Liu on October 7, 2009 under EUR ECB Press Conference, Europe, Forex News Trade | Be the First to Comment

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8:30am (NY Time) EU Trichet Press Conference
ACTION: EUR/USD     BUY (Hawkish)   SELL (Dovish)

Trichet will once again deliver a statement along with a Long and boring Q&A session afterwards.  This press conference is usually very volatile and the market is always listening to Trichet’s tone for future ECB policies.  If Trichet is hawkish, then we will see EURO gain, if  Trichet is dovish, then we will see EURO lose against all other currencies.

ECB Trichet Press Conference 09/03/09

Posted by Henry Liu on September 2, 2009 under EUR ECB Press Conference, Europe, Forex News Trade | Be the First to Comment

8:30am (NY Time) EU Trichet Press Conference
ACTION: EUR/USD     BUY (Hawkish)   SELL (Dovish)

Trichet will deliver a statement along with a Long and Boring Q&A session after.  This press conference is usually very volatile and the market is always looking for Trichet’s tone for future ECB policies.  If Trichet is hawkish, then we will see EURO gain, if  Trichet is dovish, then we will see EURO losing against all other currencies.

ECB Trichet Press Conference 08/06/09

Posted by Henry Liu on August 5, 2009 under EUR ECB Press Conference, Europe, Forex News Trade | 2 Comments to Read

8:30am (NY Time) EU Trichet Press Conference
ACTION: EUR/USD     BUY (Hawkish)   SELL (Dovish)

Trichet will deliver a statement along with a pretty-lengthy Q&A session after.  This press conference is usually very volatile and the market is always looking for Trichet’s tone for future ECB policies.  If Trichet is hawkish, then we will see EURO gain, if  Trichet is dovish, then we will see EURO losing against all other currencies.

If you have never traded this release, it is better to stay out of the market.  Wait until around 9:30am then follow the trend.  If Trichet is hawkish, EUR/USD will gain throughout the session and may even carry over to Friday.  Therefore there are plenty of opportunities to trade after the market has already established itself.