Italy’s Borghi: Leaving the euro is not in the government’s programme

More comments flowing in from the Italian lower house budget committee head Claudio Borghi, as he now speaks on the Italian budget.

2.4% deficit target is not a revolutionary move.

Italy is much more cautious than France on the deficit.

Debt-to-GDP will shrink under the current fiscal plan.

Market reaction to his comments on euro shows the single currency is no shield against speculation.

EUR/USD stays under pressure, looks to 1.1530 – UOB

A break below 1.1530 should pave the wave for a visit to the mid-1.1400s, suggested FX Strategists at UOB Group. Key Quotes 24-hour view: “EUR edged
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Risks remain on the upside for EUR/GBP – Danske Bank

The European cross remains poised for further upside, according to Piet Christiansen, Senior Analyst at Danske Bank. Key Quotes “GBP surged yesterda
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