Spain gets it’s dosh

Raised 3.04 bln euros of 3.0 bln target in latest auctions.

Strong cover, crap yields (but we knew that was going to be the case, didn’t we?)

EUR/USD sits at 1.2582 from session 1.2569.

UK clearer, with strong Far Eastern ties, said to have been notable buyer around the lows.

Best in 2026

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