Italy Monti: ECB mandate has room to allow intervention to stabilise bond spreads

  • Important that countries which receive ECB help should not waste it as has happened in past, including in Italy

Sounds confident he’s gonna get his help.

European stocks have seen some improvement, while EUR/USD has recovered sharply to 1.2550 presently from session low 1.2502. I’m struggling to find specific reason/s for this sudden pick up in price action.

Best in 2026

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