Back
25 Feb 2013
Forex Flash: Italian elections a potential risk event for the euro - NAB
On the ongoing Italian elections, according to NAB, "anything other than a clear win for Bersani’s Democratic Party in the lower house and a seemingly workable Bersani/Monti coalition in the Senate (the Senate has equal say on policy matters) will almost inevitably see pressure resurface on euro peripheral debt markets and with that risk that EUR/USD heads further south to as far as 1.30" the bank said.