by Henry Liu on December 2, 2009
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.
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by Henry Liu on November 4, 2009
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.
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by Henry Liu on October 7, 2009
[flv:http://www.newsprofiteer.com/100809-trichet/100809-trichet.mp4 480 360]
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.
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by Henry Liu on September 2, 2009
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.
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by Henry Liu on August 5, 2009
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.
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