Italy Govt to hold Cabinet meeting today at 1500 GMT

Reuters is out with the latest headline, announcing that the Italian government is likely to hold the Cabinet meeting later today at 1500 GMT.

Italy's draft Italian budget will be received by the European Commission today.

EUR/USD faces some consolidation near term – Commerzbank

Karen Jones, Head of FICC Technical Analysis at Commerzbank, noted the pair could attempt to consolidate in the short-term horizon. Key Quotes “EUR/
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USD/JPY still eyes a test of 111.50 – UOB

FX Strategists at UOB Group remains neutral on the pair, which still targets a potential move to the mid-111.00s. Key Quotes 24-hour view: “USD trad
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