Friday, September 18, 2009

Will or will not ECB raise rate?

Will or will not ECB raise rate?
The answer is not as importnat as it seems…
What a trader would like to know, is NOT if the ECB gang will or will not raise rate…

What a trader would like to know is:

which wines will they drinking during the meeting, following PAR ideas and comments.
will there be any girls at the meeting for massage, because we know that these meeting can be “hard”, pardon the pun, and tense and temper can fly
what is on the menu for the meeting? Simple ham and egg sandwiches? Paella?
Anyone knows why the BoE is not announcing this week ahead of the ECB? Is it for cricket reason?

Anyway, whatever they decide, be prepared!!!
ANYTHING CAN HAPPEN!!!
Wouldn’t it be conflicting if the ECB raised rates and at the same would be ready to intervent in the FOREX market?
But then again a trader is a a simple mortal, so what do he know ….!

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