USD: dollar enjoys a fine start to the week

It was an extremely quiet day in America yesterday, with the Italian budget row and lack of progress in the Brexit negotiations dominating the headlines. However, despite the lack of economic data, the dollar made some healthy gains against both sterling and the euro....


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EUR: budget proposal clash on the cards

The Italian budget row reared its head once more yesterday, with reports that Italy will not back down on its budget deficit proposals. The Italian government said it won’t let the country’s budget deficit widen further than the 2.4% target for 2019, with Prime...


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Budget proposal clash seems inevitable

Italy’s refusal to change its plans for next year means that a budget proposal clash with the European Union appears inevitable. The eurozone’s third-largest economy has refused to compromise on its economic targets, and sent a letter to Brussels yesterday which...


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