Now I’m beginning to get pissed off.
Elsewhere, we’ve just had results of a wee Portuguese auction. Personally, I couldn’t give a stuff, but here we go.
- Portugal sells 750 mln euros of 12-month bills, indicative offer 750 mln euros
- Bid-cover 3.1, better than previous 2.5
- Average yield 4.029, compares nicely with previous 5.281%
That’ll do nicely. EUR/USD seeing choppy trade, presently at 1.3465.