We expect further EUR weakening

Review: The election in Italy sent shock waves through the financial market. Italy: The preliminary election result came as a negative surprise to the financial market. The reason is that it seems that the outcome of the election will be a long-lasting period of negotiations with the risk that the negotiations will break down. Hence there is a risk that Italy is in for a new election. This cocktail is quite similar to the election tumult in connection with the Greek election in 2012. This is

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We expect further EUR weakening

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