ECB : 278 banks to repay 137.2 bln Euros of 3 year LTRO on Jan 30

Analysts were expecting a repayment amount of around 84 bln euros

EUR/USD quickly extended the rally to 1.3465 before easing back towards 1.3450. Offers are now seen from 1.3485 (last year’s high 1.3488) up to another barrier at 1.3500

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