ECB Meeting: Lending a Hand to Portugal
by admin on Thursday, July 7th, 2011 | No Comments
The market reaction was initially limited. Following the suspension of threshold two-year schatz rate rose and ended 6bp higher after the press conference. EUR/USD increased close to a figure on the event and Portuguese sovereign spreads narrowed.http://feeds.actionforex.com/~r/ActionForexall/~3/5FFyBjFSdSE/