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Euro, British Pound Dive as Italian Bank Worries Heat Up

Lion Asset Management Forex Outlook Euro, British Pound Dive as Italian Bank Worries Heat Up

Forex Outlook

Euro, British Pound Dive as Italian Bank Worries Heat Up

Posted By Ilya Spivak

The Euro and the British Pound sank after the ECB said embattled Italian lender Monte de Paschi may need much more capital than previously expected, stoking regional instability worries.

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