Euro weakens as Italy rejects referendum
Euro/US dollar (EUR/USD) drops to its lowest level in two years following Italy’s referendum and growing uncertainty in Eurozone.
Italian PM Matteo Renzi has announced he will resign following the referendum defeat.
As of 08:10 GMT, EUR/USD is trading at 1.061 (up 0.45%). Volatility is anticipated to remain high all during the day.
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