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Almost back to pre-French data levels

EURIBOR
  • Euribor Dec23 partially reversing the move lower from the earlier higher-than-expected French HICP following the lower than expected Spanish HICP.
  • The contract was trading 96.315 pre-French data. Fell to a low of 99.245 (7 ticks versus pre-data) and we are now trading at 96.305 (so 6 ticks off the low and 1 tick higher than pre-French data).

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