Bloomberg, citing ECB sources

Quick move higher in the euro on the headlines.

  • Some ECB members are said to be uneasy that Sept/Oct 2019 rate hike is too late

  • Some ECB policymakers are uneasy that markets don't see a hike until Dec 2019

The odds of a Sept hike have risen on the headlines in the rate derivatives market. It's up to about 80% from 69%.