Post by account_disabled on Mar 10, 2024 5:47:29 GMT -5
Mario Draghi manipulates the euro Eurobulls fall before bullfighter Draghi's tricks Lending a hand, don't forget to dodge a blow of gratitude. The ECB extended the eased quantitative program until December, fully understanding that the eurozone economy will have difficult times without it. Mario Draghi announced the ECB's willingness to maintain its monetary policy until the end of September 2019 and promised to remove it soon after that date. Super Mario has a superpower to manage the euro through smart words; just like a snake charmer manipulates the snake with the flute. For example, the last six press conferences were bringing down EUR/USD, and it had the worst drop in the last couple of years... The ECB discovered its superpower; can travel in time. Furthermore, it can go forward and very slowly. The QE step will be reduced to 15 billion euros starting from September; the negative interest rate will be maintained until next summer.
The quantitative easing program will continue, so they can start working every day. Another matter is waiting six hours to leave. And this is really exhausting. LiteFinance: Mario Draghi manipulates the euro | Litefinance The ECB is dragging its heels not only because it wants to help block the currency economy. Instead, they wouldn't want to walk into a cheap panic room (the darkest one, full Bahamas Mobile Number List of traps) once again. Over the recent decade, the ECB has raised the interest rate twice and been grabbed by the throat twice. In 2008, monetary tightening was followed by the global crisis, and in 2011, the European stock market collapsed. The third time? A bad taste joke. LiteFinance: Mario Draghi manipulates the euro | Litefinance Mario Draghi made a wise decision, when you have to eat a cake, too. The hawks of the government council found comfort in the information of the end of QE, an open door like the promise of extending the monetary facilities program.
Stopping buying assets is as difficult as giving up alcohol. The doctor can spend hours explaining to you how bad it is for your health and at night your neighbor winks at you, he waves a glass and this reason convinces you much more. LiteFinance: Mario Draghi manipulates the euro | Litefinance Be that as it may, it was exciting to see the dollar and the euro dancing to the flutes of the central banks; the optimism of Jerome Powell and the FOMC increased the expectation of the main macroeconomic indicators with the rise of the EUR/USD; The ECB's announcement to end the quantitative easing program pushed the main currency pairs down. I know the whole world is a stage, but following those events, I have the feeling that we are in a circus again. In mid-June, there was a move where European central banks allowed the federal reserve to come first and then changed their places in terms of influence on currency values. Mario Draghi invited the aurotoros to a bullfight and they could not help but die in the fall, master of the bullfighter with Italian blood.
The quantitative easing program will continue, so they can start working every day. Another matter is waiting six hours to leave. And this is really exhausting. LiteFinance: Mario Draghi manipulates the euro | Litefinance The ECB is dragging its heels not only because it wants to help block the currency economy. Instead, they wouldn't want to walk into a cheap panic room (the darkest one, full Bahamas Mobile Number List of traps) once again. Over the recent decade, the ECB has raised the interest rate twice and been grabbed by the throat twice. In 2008, monetary tightening was followed by the global crisis, and in 2011, the European stock market collapsed. The third time? A bad taste joke. LiteFinance: Mario Draghi manipulates the euro | Litefinance Mario Draghi made a wise decision, when you have to eat a cake, too. The hawks of the government council found comfort in the information of the end of QE, an open door like the promise of extending the monetary facilities program.
Stopping buying assets is as difficult as giving up alcohol. The doctor can spend hours explaining to you how bad it is for your health and at night your neighbor winks at you, he waves a glass and this reason convinces you much more. LiteFinance: Mario Draghi manipulates the euro | Litefinance Be that as it may, it was exciting to see the dollar and the euro dancing to the flutes of the central banks; the optimism of Jerome Powell and the FOMC increased the expectation of the main macroeconomic indicators with the rise of the EUR/USD; The ECB's announcement to end the quantitative easing program pushed the main currency pairs down. I know the whole world is a stage, but following those events, I have the feeling that we are in a circus again. In mid-June, there was a move where European central banks allowed the federal reserve to come first and then changed their places in terms of influence on currency values. Mario Draghi invited the aurotoros to a bullfight and they could not help but die in the fall, master of the bullfighter with Italian blood.