Wednesday, 12 December 2018

Euro Gains, Italian Bond Yields Fall on News of Budget Compromise

The Euro cautiously rose and Italian 10-year bond yields fell as news broke of Prime Minister Giuseppe Conte promising a reduced budget deficit. However, the fight may not be over yet…


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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...