• EUR/USD fell below $1.3100

Market news

21 December 2011

EUR/USD fell below $1.3100

Reversal in sentiment seen post ECB 3-year LTRO, where E489.191bln was alloted and above the market consensus of  E250bln-E300bln. However, risks were skewed on a strong take-up, with traders now citing "buy the rumour, sell the fact" adage. 

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