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Reaction details (16:48)
In reaction to this news:
- EUR/USD moved higher by 22 pips from 1.2917 to 1.2939 over 2 minutes.
- Bund futures moved lower from 145.74 to 145.65 over four minutes.
Analysis details (16:46)
- Early it was reported by sources that the majority of ECB members favoured a rate cut at the meeting yesterday, and a cut is possible in 2013.
07 Dec 2012 - 16:44 - Forex Bank Speaker - Source: RANsquawk
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