USD is at two-week low, gold rises
Here are a short wrap of the latest news and the tech analysis of EUR/USD, AUD/USD, and gold.
Italian Parliamentary Election
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Italian election represents a significant risk for the euro. The problem is that coalition parties have difficulties in agreeing on whether Italy should be in the European Union or not. If the opposition gets the majority in the parliament, it will shake the stability of the EU and the EUR. On the other hand, if pro-European parties win, the euro will revive with new force. So, let’s see what happens and trade on the outcome. |
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