GBP fell through 1.34 after factory output posted its largest monthly fall since October 2012, while the Euro has pushed higher amid reduced Italy fears and ahead of ECB meeting.
News from Italy’s new Prime Minister that an EU exit is not on the agenda boosted sentiment and the Euro, impeding a USD rally on ISM data. AUD/USD may fall on a local GDP miss.
Italy has got a new government! So much wow! This is fading the EUR risk premium which has become present since mid-March. Indeed, we judge that a full reversal of Italian worries might boost EUR/USD […]
The euro seemed to be on course to post its first weekly increase in seven weeks as concerns over Italy’s political crisis ebbed, but the Canadian dollar and Mexican peso were hit by Washington’s announcement […]
The Euro was cautiously higher as trade war fears overshadowed updates from Italy that a new government was formed. Asian shares may echo US declines and send the anti-risk Yen higher.
After its recent sharp decline on worries about the political problems in Italy and Spain, EURUSD will likely stabilize around its current levels.
Italy has a chance Reports suggesting that Italy has a chance to avoid new elections had a positive impact on world markets. European and American markets retraced the previous day’s declines and Asian exchanges have […]
The Yen is in focus as currency markets’ bellwether for risk trends as traders contend with fresh US trade war fears, turmoil in Italy and a G7 summit.
Asian stocks were boosted by hopes that Italy’s largest parties may yet form a government although the cloud over the Euro is likely to remain in place
BREAKINGhttps://twitter.com/Lee_Saks/status/1001867088200388608Italy’s Di Maio says willing to propose a new Finance Minister: BBGBREAKING1527698765https://twitter.com/zerohedge/status/1001866999260221441Di Maio says Five Star and League never sought euro exitBREAKING1527698777