The Spanish and Italian debt auctions finally had a good impact on euro, which climbed higher against all major counterparts.
Demand on Spanish bonds was twice higher than expected, so the government sold almost 10 billion euro of different bonds, with 10-year yield at 5.23%.
Italy’s auction was also successful. The government sold almost 11 billion euro in various bonds. Borrowing cost fell much lower. The 10-year debt was sold at 6.61% yield.
Later today European Central Bank’s meeting is expected. EBC is announcing official bank rates.
MegaTraderFX - The company, employees, subsidiaries and associates, are not liable nor shall they be held liable jointly or severally for any loss or damage as a result of reliance on the information provided on this website. The data contained in this website is not necessarily provided in real-time nor is it necessarily accurate.
All prices herein are provided by market makers and not by exchanges. As such prices may not be accurate and they may differ from the actual market price. MegaTraderFX bears no responsibility for any trading losses you might incur as a result of using any data within the MegaTraderFX.
