When it comes to what’s driving the euro these days, look no further than the political drama unfolding in Italy.
The common currency closely tracked the performance of Italian bonds this week as traders looked to assess the possible contagion of the latest euro-area crisis.
Easing market jitters could mean that investors turn their focus to key data releases this week, including euro-area inflation Thursday and the latest U.S. payrolls report due Friday.
Source: Bloomberg Pro terminal
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