EURUSD Volatility Implodes Again after ECB decision

V

VIPRO Markets

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• Dec 8, 2016

• #1

EURUSD was exposed to huge levels of volatility following the ECB's decision to reduce its purchase schedule of €80 billion per month to €60 billion per month. EURUSD currently trades at 1.06342.

 

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F

forker

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• Dec 8, 2016

• #2

The news in my opinion is dressed up as negative however we have tapering put in place post march. I am going to be looking at sliding into a long eu position with a tentative target being mid next year.

 

V

VIPRO Markets

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• Dec 9, 2016

• #3

EURUSD is still under selling pressure after ECB's decision to taper its monthly bond purchase program causing the pair to crash. EURUSD is currently trading at 1.05668.

 

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gerryg

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• Dec 12, 2016

• #4

Well yes its quite possible to see Euro breaking 1.05 considering problems of the EU members and Yellen rhetorics on Wednesday. I would also try to play downside after the FED meeting.