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EUR Futures Volumes Spike In Response to BBG Report

EUR

Just to put that EUR move into context - over 10,000 EUR futures contracts traded in the 60 seconds following the BBG ECB headline.

That's around €1.3bln cash equivalent (!) and is the largest volume spike we've seen in years in that contract and is actually larger than the market response to the Fed's emergency 50bps rate cut on March 3rd in 2020.

MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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