Posts Tagged ‘italy’

EURJPY drops on Italy updates

by Forex Rooton March 5, 2013 5:41 am BST
The euro fell against the yen before data forecast to show the region’s economy shrank and as Italy edged closer to a new election after an inconclusive vote. The yen strengthened against most major counterparts after testimony from deputy governor nominees to the Bank of Japan (8301) failed to raise expectations for expanded monetary stimulus. […]

EURUSD eyes Italy elections

by Forex Rooton February 25, 2013 5:43 am BST
The euro held flat at $1.3183, a tad above a six-week low around $1.3145 hit on Friday, but its further upside is seen limited for now as investors eye an unpredictable election in Italy. Exit polls will be published shortly after polls close at 1400 GMT on Monday. Full official results are expected by early […]

Euro hugs two-week low as Italy hit by political storm

by Forex Rooton December 10, 2012 7:00 am BST
The euro flirted with two-week lows against the dollar on Monday after Italian Prime Minister Mario Monti offered to resign, raising political uncertainty over who will lead the euro zone’s third-biggest economy. The single currency was also undermined by the prospect of a recession in Germany and expectations of a future rate cut by the […]

UPDATE 1-France to answer ratings downgrade with reforms

by on November 20, 2012 11:51 am BST
Tue Nov 20, 2012 6:51am EST * Moody's cites concerns on fiscal outlook, economy * France asks to be judged on reform results* Markets little moved, downgrade largely priced inBy Leigh Thomas and Daniel FlynnPARIS, Nov 20 (Reuters) - France said it would respond to Moody's credit downgrade by pushing ahead with economic reforms