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31 May 2018

5-Star-League leaders yet to find a replacement for Savona - RTRS

According to the latest headline floating on the wires, via Reuters citing sources, Italy's 5-Star and League leaders will be meeting shortly and are yet to find a substitute for Paolo Savona as economy minister. 

Leaders hope to reach an agreement to form a coalition government either today or tomorrow.

The news had a rather muted impact on the market, with the EUR/USD pair extending its retracement slide from levels beyond the 1.1700 handle and turning marginally lower for the day.
 

May 31, 2018

Italy's 5-Star, League Leaders are meeting to find substitute for Savona - Reuters

Citing a 5-Star source, Reuters has recently reported that the leaders of League and 5-Star were having a meeting to find a substitute for Paolo Savon
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May 31, 2018

EUR/USD turns negative near 1.1650

EUR/USD keeps fading its earlier spike to fresh tops beyond 1.1700 the figure and has now returned to the 1.1665/60 band, close to session lows. EUR/
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