Italy's parliamentary elections will lead to a center-right coalition that will take more seats in parliament than the well-known Five-Star Movement. According to the latest Exit Poll surveys, the five-star movement will be the largest single party, but Forza Italia along with other center-right parties will take more seats and will likely form a government.
Meanwhile, the EUR reflects the vote relatively quietly, trading close to the opening levels. According to analysts, we can expect increased volatility in EUR at the beginning of the interbank market in Europe and after the start of the stock exchange session at 10:00.
Source: Bloomberg Pro Terminal
Jr Trader Petar Milanov
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