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EONIA (Euro money market rates) had huge jump to 22bp (from 10bp)..excess liquidity is falling too quickly for the ECB's liking

Chris Weston

Pepperstone

EONIA (Euro money market rates) had huge jump to 22bp (from 10bp)..excess liquidity is falling too quickly for the ECB's liking. Will we see another LTRO or interest rate cut being announced? I cant see how either would work to be honest. This for me is the most interesting issue in G10 currency markets right now (with the exception of when the Fed will taper).


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Chris Weston
Chris Weston
Head of Research
Pepperstone

Highly accomplished financial markets professional, with experience at a number of top-tier global institutions on both the buy and sell-side. A natural communicator with a strong ability to analyse macro-economic trends, capital flows and market...

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