Euro is getting cheaper amid growing concerns about Italy’s budget policy
Investing.com – The yield of the 10-year bonds of Italy rose for the first time in five sessions – by 12 basis points (bp) – to 2.65% per annum. The yield premium of Italian securities relative to similar by the term of Germany bonds reached 226 bp.
The euro against the dollar as of 16:47 Moscow time dropped to $ 1.1668 compared with $ 1.1699 at the close of the previous session. The European currency has fallen in price to Japanese to 128.06 yen against 128.46 yen the day before.
The dollar fell to the Japanese currency slightly – to 109.79 yen compared with 109.82 yen in the previous trading.