Euro plumbs 11-year low after QE

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Euro plumbs 11-year low after QE

Post  Sirop14 on Fri Jan 23, 2015 5:54 pm

Euro plumbs 11-year low after QE

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The euro fell to a fresh 11-year low at the end of the week after the European Central Bank’s decision to launch full-blown quantitative easing at a higher rate than expected, sent the single currency plunging against its major counterparts.
The eurozone currency lost a further 2 per cent to hit $1.1115, its weakest level since 2003. The euro had already fallen nearly 2 per cent the previous day after the ECB surprised investors with its aggressive easing plan to buy €60bn a month of mainly public-sector bonds until September 2016.

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The currency was unaffected by a report showing manufacturing growth in the eurozone economy had risen slightly in January from the previous month, as analysts warned that elections in Greece at the weekend were keeping investors cautious.
The sharp moves in the euro caused analysts to slash their forecasts for the single currency this year, with UBS analysts predicting the euro will trade at $1.10 against the dollar in three months.

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Comment- We write, the West media write about those mad Arabs and Muslims - what about those very mad EU high officials and the EBC and all the experts.

We took great risk and commented about that motives those have/had which triggered that Charlie Hebodo and the Jewish Shop. The French Intelligence Service and Police - explaining the pattern not once very very many times - of similar mechanism being applied to trigger  a given incident - the mega battle against the Euro, President Mitterrand and his officials my person went through, President with my person went thought and like him or not President Sarkozy the mega battle we/I went thought with him for the Euro.

I/we have been writing about such issues for the past 10/15 years our initial involvement - the ECU then the switch to the EURO. There are fundamentals about such issues form a High Interdisciplinary prospective - when you take responsibility you take responsibility.

In London those be they the Masonic Illuminati, the British Central Bank officials those like PM Gordon Brown and other previous Chancellors we have had associated working with -  know those issues too well and the conservative Boss and their business partners - the working if you know a person who can influence a given currency importantly you manipulate him, his person and environment - whatever it takes and this is what has been going on since we came back form France -

I/we defy the European Central bank executives, their media and the policing authorities - get me back in France for three days and the Euro is playing and singing a different tune - the lies of the French and European media including German - we want one of them to take us to the European Court then we will see what will happen.

Back to the EBC, the IMF/World boss statement that just throwing tons of money will not be enough to help the economic rebuilding. Safe those who have great connection and knowledge of the Market they will have mountain of money and profit the dumb Tax payers will look through his fingures.

Beside we have worked/associated with workings with three previous European Central Bankers - they ought to remember our involvement.


Plan de la BCE : «Les Français n'en verront jamais la couleur, les banques si»

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Sirop14

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EZB-Eröffnung: Chaoten attackieren Polizei und Feuerwehr

Post  Sirop14 on Wed Mar 18, 2015 10:55 am

EZB-Eröffnung: Chaoten attackieren Polizei und Feuerwehr

Four German police cars set on fire by anti-capitalist protesters burn near the new ECB headquarters in downtown Frankfurt
Bild: REUTERS

Brennende Polizeiautos und Steinwürfe überschatten in Frankfurt die Demonstrationen von Blockupy-Aktivisten gegen die Europäische Zentralbank.


Die linke Blockupy-Bewegung hat zu einem Protesttag gegen die europäische Krisenpolitik aufgerufen. Und viele Chaoten sind gekommen. Gleich zu Beginn des Proteste zur offiziellen Eröffnung der Europäischen Zentralbank (EZB) in Frankfurt am Main ist es zu Ausschreitungen gekommen. In der Nähe der Alten Oper in der Innenstadt bewarfen Demonstranten Polizisten mit Steinen, mindestens ein Beamter wurde verletzt, wie eine Polizeisprecherin mitteilte. Auch eine Demonstrantin wurde verletzt.Nach Angaben der Polizei wurden sieben Polizeiwagen Brand gesetzt. Zudem hätten Demonstranten Müllcontainer angezündet und Brandsätze gegen Polizeifahrzeuge geschleudert.

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FRANKFURT, Germany (AP) — At least four police cars were set alight and two officers injured Wednesday as authorities confronted anti-austerity protesters trying to blockade the inauguration ceremony for the European Central Bank's new headquarters in Frankfurt, Germany.


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ECB besieged by protests as Draghi celebrates $1.4bn tower
As the European Central Bank prepares to inaugurate its new headquarters four months after moving in, more than 10,000 protesters are seeking to spoil the party

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Live Markets lose faith in the ECB within minutes despite mega stimulus

Post  Sirop14 on Thu Mar 10, 2016 5:12 pm

Live Markets lose faith in the ECB within minutes despite mega stimulus

Euro unexpectedly surges despite mega stimulus
ECB launches three interest rate cuts and increase to QE to €80bn a month
ECB will buy corporate bonds for the first time under programme
Interest rates will stay low and may be cut even after 2017
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4:48pm
Why the markets reaction is "logical"
Simon Ward at Henderson thinks today's Draghi bazooka will ultimately have little effect on the eurozone economy, and thus the markets reaction is perfectly understandable.

Here's Simon:

"The net impact of the package on monetary conditions and the economic outlook is likely to be small. The market reaction appears logical, with the euro stronger on reduced prospects of a further deposit rate cut, “core” government bond yields little changed and bank shares rallying as the deposit rate and TLTRO news has calmed fears of a squeeze on net interest margins. "

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