How Long Can The EUR Stay Elevated After The ECB Press Conference?

December 5 2010 by Spencer McKay in Forex Release |No Comments

Yesterday’s highly anticipated ECB press conference certainly produced high-adrenaline trading conditions; as EURUSD whipsawed from 1.3170 levels all the way to 1.3060 lows before powering straight through 1.3200 – where it has remained elevated ever since. Certainly, going into the meeting the market had perceived the possibility of a Fed-style European QE announcement, but as [...]

Forex Trading Strategy For ECB Trichet’s Press Conference 07/08/10

July 7 2010 by Spencer McKay in Forex Release |No Comments

8:30am NY Time ECB Chairman Trichet Press Conference ACTION: N/A We’ll be focusing on the ECB (European Central Bank) Chairman Jean-Claude Trichet press conference today as he releases an official statement from ECB regarding the official Interest Decision at 7:45am today, and after the prepared speech, he will have a brief Q&A Session… Here is an overview [...]