Flash: Support to EUR, re-pricing on money markets - Danske Bank

FXStreet (Barcelona) - Sverre Holbelk, Senior Analyst at Danske Bank notes support to EUR, via re-pricing on money markets.

Key Quotes

“The market received the rate decision and following press conference with disappointment and EUR/USD rose towards 1.36.”

“Meanwhile, in fixed income markets, the immediate reaction was for higher rates led by the belly. However, expectations of further ECB easing have not been fully removed.”