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Thomson Reuters
May 31 - 06:12 AM
EUR/USD - Extends North As Italian Bond Yields Extend South
First appeared on eFXplus on May 31 - 04:35 AM
  • EUR/USD up to eye 1.1728 (Monday high) as Italian bond yields extend south
  • Lower yields accompany fresh attempt to form Italian government nL5N1T214W
  • 1.1510 was 10-month low Tuesday when Italian bond yields surged
  • EUR/USD should add to gains if Italy's Lega substitutes Savona
  • 1.1751 (May 24 high) and 1.1830 (last week's high) among bull targets
  • Euro zone May inflation data due 0900GMT, +1.6% YY f/c

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