EURUSD Plummets on Reports of Italian Bank Taxation

During the early London session, the Euro-Dollar pair extended its gains to the level of 1.1011 before reversing sharply, rapidly declining to today’s low of 1.0974. Similarly, the Euro-Yen pair also reversed from its high of 157.75 to briefly fall below the 157 yen level. The Euro’s rise against the Pound has also halted. Reports […]