EU ready to reject draft Italian budget if no changes are made – Repubblica

La Repubblica, an Italian daily, reports headlines the European Union (EU) is said to reject draft Italian budget if it’s left unchanged.

Meanwhile, EUR/USD continues to trade around 5-DMA, having faced rejection at 1.10 handle earlier on the day.

USD/JPY confined in a narrow trading band below 104.00 handle

The USD/JPY pair extended its consolidation phase and remained confined within a narrow trading band around 104.00 handle. Currently trading with mil
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Pressures are likely to remain more CHF negative - Westpac

Research Team at Westpac, suggests that despite some marginally improved data releases, deflationary pressures persist in Switzerland and the potentia
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