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It’s not only Italy. The USD is also strong for other reasons

June 4, 2018/0 Comments/in Fundamental Analysis, Uncategorized Echo_22 /by euitsols

Italy has got a new government! So much wow! This is fading the EUR risk premium which has become present since mid-March. Indeed, we judge that a full reversal of Italian worries might boost EUR/USD back to around 1.19.

Market participants are however likely to remain somewhat jittery, as i) the…

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