Euribor rates ease

Key eurozone bank-to-bank lending rates eased again` on Friday, potentially reaching a floor near current levels as hints from ECB policymakers fuel speculation the bank may cut its deposit rate, which strongly influences market rates, to zero. Three-month Euribor rates, traditionally the main gauge of bank-to-bank lending, had risen for two days in a row this week, but inched lower on Friday to 0.662 percent from 0.663 percent.
Six-month Euribor rates followed suit, falling to 0.939 percent from 0.941 percent. Shorter-term one week rates, which have hovered near all-time lows, remained unchanged at 0.320 percent. Overnight rates fell to 0.331 percent from 0.335 percent. Dollar-priced three-month bank-to-bank Euribor lending rates fell to 0.951 percent from 0.972 percent and overnight rates dropped to 0.325 percent from 0.330 percent.