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what the banks did for a long time was trying to check out whether they prefer it to be high or low. They had trades on which were linked to these benchmarks,
Libbor and Europeore. So, they'd be facing one way or the other. So every morning just before 11:00 a.m. traders who are looking after those trades will
get in touch with the boys on the cash desks, generally boys I'm afraid, who would put in their estimates and say, "We prefer a high liel today or a
Listen to native speakers pronounce “europeore” in real conversational contexts with synchronized timestamps and subtitles.