The political crisis takes its toll on the euro. In Italy, Mateo Renzi's Viva Italia party has split from the government while the PD doubts whether to give the Matarella government a chance. The government asked the Italian parliament to pass a major law on Friday, while the center-right opposition wants to speed up to see if there is still government. If it is rejected, it leads to the resignation of the government, which has much advantage in winning a center-right election. While the other scenario in Holland the government resigned. While Biden's program to stimulate the economy exceeds 1,900 trillion and this will affect the dollar. The EU had a trade surplus of 23 billion euros.
This Monday the Italian market will not be green. While the debt of Spain and Italy grow, they will become a problem in the future for the EU. The analysts expect that Spain's debt will explode this year 2021. Now will the Union currency take its bill?
The graph shows that the fall of the euro broke the support of 1.21166 which shows that there is a second support if the euro continues to fall which is 1.20
This Monday the Italian market will not be green. While the debt of Spain and Italy grow, they will become a problem in the future for the EU. The analysts expect that Spain's debt will explode this year 2021. Now will the Union currency take its bill?
The graph shows that the fall of the euro broke the support of 1.21166 which shows that there is a second support if the euro continues to fall which is 1.20