EUR/USD: Italy’s political drama to keep euro under pressure – ANZ EURUSD Italy Growth ECB Banks
Italy and China add to EUR woes
“The developments in Italy only underline the importance of the periphery bonds buying support program that theintends to announce the details of next week. Given the likely increased BTP selling pressures, the risk next week could well be one of disappointment given the probable divisions within the Governing Council over the scale of the support program.” slowed sharply in Q2 to 0.4% QoQ, much weaker than the consensus 1.2%. The 5.
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