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Some notable early flows in the Red/Green strip

EURIBOR
  • Some notable early flows in the Red/Green strip Euribor this morning especially in the H5/M5/U5/Z5.
  • ERU5 has been bought after opening lower, via ERU5/ERZ5 spread buyer at -1.5 and also outright.
  • ERU5 traded to its highest level since May Yesterday, and resistance will be at 97.57, May's high and the highest print since February.
  • ERZ4/H5 remains close to its record low of -21.5, quoted -21/-20.5 in early trade.

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