Eurozone money markets see a 70% chance of a 10 bps ECB rate hike by end-2018

According to the ECB Watch, the Eurozone money markets are pricing in a 70% chance of a 10 bps ECB rate hike by the year-end when compared to around 50% chance seen at the start of this week, Livesquawk reports.

EUR/USD eased-off 3-year tops of 1.2137 but trades firmer near 1.2115 amid German coalition talks breakthrough.