Exit polls: Italy's right-wing, led by Meloni, wins election – Reuters

A right-wing alliance led by Giorgia Meloni's Brothers of Italy party looked set for a clear majority in the next parliament, exit polls said on Sunday after voting ended in an Italian national election, reported Reuters.

Key quotes

The polls, if confirmed, would give Italy its most right-wing government since World War Two, with Meloni expected to become the country's first woman prime minister.

An exit poll for state broadcaster RAI said the bloc of conservative parties, that also includes Matteo Salvini's League and Silvio Berlusconi's Forza Italia party, won between 41% and 45%, enough to guarantee control of both houses of parliament.

RAI said the right-wing alliance would win between 227 and 257 of the 400 seats in the lower house of parliament, and 111-131 of the 200 Senate seats.

Full results are expected by early Monday.

EUR/USD remains pressured

The polls fail to impress EUR/USD bulls as it remains pressured at 20-year low around 0.9675 by the press time.

Also read: EUR/USD Weekly Forecast: No rest for the wicked