Intraday Market Thoughts
Draghi Firmly Neutral
by
Oct 20, 2016 14:26
ECB's Draghi reiterated the ECB discussed neither tapering, not extending QE. Despite repeating the usual line of considering to extend purchases beyond their planned expiry date, Draghi calmed restless reporters & traders who seem to expect that something must be done (taper or extension) at each meeting. But as we indicated long ago, Draghi's message has been: "Eyes off, ears off. Turn your expectations towards national governments as we're tapped out". Below is the note published 1 hour before the ECB decision. A new Premium trade has been issued moments ago, partly boosted by a DragonFly Doji. A trade was also issued earlier this morning, 1 hour after the Clinton-Trump debate.
Latest IMTs
-
Why I Bought Gold & Silver
by Ashraf Laidi | Jan 9, 2026 16:53
-
Beware of US Supreme Court Ruling on Tariffs
by Ashraf Laidi | Jan 8, 2026 19:38
-
Falling to 11 Percent
by Ashraf Laidi | Jan 7, 2026 20:28
-
Dollar Cannot Wait for Q1 to End
by Ashraf Laidi | Jan 6, 2026 12:40
-
Silver's Signal to Gold Full Explanation
by Ashraf Laidi | Dec 30, 2025 20:04






