Nightly Trade Recap: ECB, Trichet, UK PMI
I mentioned this link in my webcast and it is pasted below. I wanted to say thank you to P_Ambrus on Twitter for shooting me over this link.
http://ftalphaville.ft.com/blog/2011/02/03/478326/the-ecbs-code-words/
It is a great outline of Trichet’s rhetoric and how the ECB has acted after Trichet has used specific words, including “Strong vigilance” and “Heightened alertness”.
Very interesting article so make sure and take a look at it no matter if you trade the European session or the US session.
