OctaFX | OctaFX Forex Broker
Open trading account
Back

Italy debt auction meets target

FXstreet.com (Barcelona) - Italy sold 8 billion euros of 3, 5 and 15 year BTP notes on Monday on Tuesday, meeting the amount targeted.

The Italian Treasury sold 3.5 billion euros in 3 year bonds. The average yield was 1.92%, down from 2.29% at the previous auction and the lowest since January. The bid to cover decreased to 1.336 vs 1.403 seen in April.

Forex: EUR/JPY fallen below 132.00 in European session

The pair have scaled back its gains over the previous session, where the quote posted a three year high of 132.40.
Read more Previous

Forex Flash: FX correlations have popped higher– JP Morgan

JP Morgan tells us that FX correlations have popped higher, saying that this comes at the end of ultra easy Fed policy due to a firming labor market and prepositioning for the end of QE is sensible
Read more Next
Start livechat