European Market Update: Italian 5-Year Auction Yield Hits Three Year Low

3:31 AM No Comments

Dealers still pondering whether FX price action was exaggerated by low volumes into year-end. The EUR/USD backed off from 2-year highs hit last Friday just under the 1.39 handle while the GBP/USD did the same. Skeletal staffing levels at desk did not react to weekend comments from ECB's Draghi that he saw



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