Can’t see it myself. Think its’ just silly crap over thinned out lunchtime.
Coeure: Doesn’t expect ECB long-term loan repayments by banks to affect the Eonia rate (the overnight interbank rate) Some had feared that withdrawal of liquidity might drive up Eonia rates. 2 year bund fell 2 bps to 0.18% in wake of comment.
From session low 1.3296 we’ve bounced quickly back to 1.3320.
Why does it always happen when I’m halfway out the door and had turned my machines off.
