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EURUSD Tumbles On Draghi's Downbeat Jawboning, "Strenghtened Forward Guidance Wording"
Between his downbeat "more downside risks" outlook, "extended low inflation" perspective, and strengthened "forward guidance," Draghi has, once again, managed to talk down the EUR (for now). EURUSD has dropped almost 100 pips since he began speaking..."we firmly reiterate our forward guidance that we continue to expect the key ECB interest rates to remain at present or lower levels for an extended period of time," adding that "the Governing Council strongly emphasizes that it will maintain an accommodative stance of monetary policy for as long as necessary." US Treasuries are rallying alongside this tumble.
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somone hurry and drag the fat cow from the morning buffet to babble on about printing moar USD so we can get the USD back down!!!
Did Hilsenrath ever comment on the Fed Minutes yesterday?
Me thinks there will be very little said or heard from any of the powers that be from no on cause they know full well this economy is doomed and there's nothing else they can do to save it. So all the rats will soon scurry and hide deep in their holes not wanting to take any blame for anything they might say.
Bonus link from MArketWatch:
http://www.marketwatch.com/story/10-brain-bugs-can-kill-wall-streets-roa...
But wait! There's MOAR!
http://www.foxnews.com/health/2014/01/08/outbreak-nightmare-bacteria-in-...
Good reason to drink moar tequila!
It's juggle the tumble in the jungle show.
currency war.
the economy is great...never better actually. of course launching an all in securitization campaign on unproven technologies...that by definition are unproveable I might add...means...well, I guess Wall Street is doing it's job and going "all in on risk and risk alone."
It won't help. There are enough people who know exactly who is to blame for the past decade of this terrorist economy. There is absolutely nowhere to hide for them. Then all the little economic terrorists can GO TO JAIL for the rest of their lives...*sniff*
Draghi wants a united states of Europe. I think he'd have a better chance of fitting his whole head snugly into his ass.
http://www.telegraph.co.uk/news/worldnews/europe/eu/10559458/We-want-a-United-States-of-Europe-says-top-EU-official.html
Hey Draghi, get used to disappointment you facist pig.
GOLD CRASH IN 3...2...1....
when does bitcoin do this... just asking
who is bitcoin?
here comes "Dr. Watson I presume" as well. Might never have heard of him either but you'll know him when you see him.
Rally on! Looks like the NSA trolls still don't understand sarcasm. Another reason not to worry about these idiots.
Woops, could be trouble much for Taperworms.
Here's a visual. Draghi and Yellen strip to the waist, oil up, and wrestle on a rubber mat. Three throws, winner take all.
As the Philosopher Michael Tyson noted: 'everybody's got a plan until they get hit in the face."
Does anybody have a approximate date when Central Banks moved from "controlling the currency" to "commanding the economy" and thus usurping the power from a country's natural/lawfull government?
It could be awhile, the motors in the gvt transport busses need to be fixed, and we got cameo GI's runnin around in the woods like ants, waitin for the mechanic to show up.
hahahaha. "and the one girl who showed up at the Party too."
The monthly asinine clown show
Ah yes, political "jawboning"; somewhere in Italy or Germany right this minute a pretty mistress is picking out her brand spanking new red Mercedes courtesy of 1) an offshore brokerage account, 2) the ever accomodating FX market, and 3) a gubermint official somewhere who didn't quite make that wonderful X-Mas impression he had hoped.
http://vegasxau.blogspot.com
apparently Draghi did his job well - without any policy change debased the EUR to satisfy german exporters
the question is how long will it last ?
Dark days on the continent which gave the world the Renaissance and the Enlightenment..
Looks like the Lizard Man may have scuppered Stolper's 1.40 call.
No one cut rates last night, from Korea to the UK. If nothing else, the Bernanke Bubble and Abenomics have shown the world that low rates and endless QE does NOTHING for your real economy.
euro is going to 1.32 before feb 1
The perfect con game to keep the dollar artificially elevated. This has become a criminal setting with the Goldman Scahs stooge in Europe and an economy in the US held together with lies and Band-Aids.
The SKY is falling the EURO is down -0.07%
Jeebuz Fucking xmas, does it ever get boring tylers?
If -0.07% is a TUMBLE fuck then I guess we can agree that -0.1 % must be a collapse.