`Extreme' Debt Auctions in Denmark a First Taste of ECB Stimulus
- Danish T-bill auction attracted most bids since 2012
- Dragi's comments have sent krone to strongest in five months
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Mario Draghi has so far only hinted at more euro-zone stimulus in December. But that’s proving more than enough to send traders and investors into a panic outside the region.
In Denmark, where the central bank uses monetary policy to keep the krone pegged to the euro, there are plenty of signs that the currency war it thought it had won earlier in the year may erupt again.