Our friends at Market News have done it again..They run a monthly piece a day or two ahead of the ECB meeting with loads of juicy blind quotes from ECB officials.
The latest:
- Spain, Italy, Greece worried about strong EUR but most not worried seriously until it reaches 1.60.
- As cheg noted, they hint that the upcoming 1-year refi will be the last and that it may be indexed, not offered at fixed rates.
EUR/USD has pushed up to 1.5115 on the perceived lack of ECB concern over the strong EUR.
More details to come…
