The news out in Asia is that the Italian budget deficit will be reined in:
Its given the EUR (and other currencies) a boost:
Far be it from me to argue with price momentum but I am having a hard time accepting that everything is now all good with Italy. The populist government will just bow and scrape to the EU and slash spending? Really?
Anyway, the headline to the post is not a rhetorical question - over to ForexLive for comments, please, ladies and gentlemen.
