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Thomson Reuters
Sep 27 - 09:48 PM
EUR/USD - Under Pressure As Italy Raises Deficit Goal To 2021
First appeared on eFXplus on Sep 27 - 07:35 PM
  • EUR/USD sold as Italy confirms deficit-GDP set at 2.4 pct from 2019-2021
  • Target ignores EU calls for Italy to gradually lower deficit nR1N1VZ007
  • German inflation at highest since 2011, fails to boost euro; EZ CPI today
  • USD also benefits from confident Fed's reiteration of rate path
  • Multi billion option expiries may contain price action Friday
  • Strong support 1.1610-20 to hold in Asia; resistance 1.1665-70, 1.1690-1.17

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