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Published on Dec 5, 2016
Italy
voted “No” in a constitutional referendum by a surprisingly large
margin, sending the Euro falling and stocks down slightly.
The EUR / USD currency pair made a new 20-month low, but has recovered strongly to trade above 1.0600 again.
The USD / JPY currency pair is being bought again, rising from a weekly open close to 113.00 to reach a high of 113.80.
The GBP / USD currency pair is looking more convincingly bullish, as it trades above 1.2700 and makes new 2-month high prices.
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