Euro Rebounds After Italian Prime Minister Resigns

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The Euro is staging a modest recovery against the Dollar despite Italy’s Prime Minister Guiseppe Conte confirming that he will resign ahead of a no-confidence vote.

It remains unclear whether this will open doors to a snap election or if parliament will be asked to try and form a new government. Whatever the outcome, it will certainly have a lasting impact on the Euro which remains entangled with a fierce battle with domestic and external risks.

Fears over the largest economy in Europe heading for a deep recession mixed with speculation over the European Central Bank cutting interest… Read More:

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