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Italian Constitutional Referendum

daxthirty (daxthirty)
Dec 06 2016 at 15:46
4 posts
yes, market has been slow

mlawson71
Dec 07 2016 at 11:07
1487 posts
I doubt there will be much movement before FED announces whether they will increase the interest rate on the 14th.

MC85
Dec 07 2016 at 12:51
48 posts
I think the immediate effect of the referendum is gone. It seems to me that the political instability in Italy will not have that much impact on the euro in the end. What happens in the US is much more significant.

jackell78 (jackell78)
Dec 07 2016 at 15:56
45 posts
Let's see the elections impact now after the referendum. Maybe Italian will still vote for political stability after the resignation of their PM. This could be good news for the euro.

TiffanyK (TiffanyK)
Dec 07 2016 at 16:13
427 posts
stian posted:
Will expect the EUR it to just fall back to it's pre-referendum levels against both USD (~1.0675) and JPY (<122).


Yees, I was thinking the same thing. My positions are already on the market – let’s see if this will happen. Can’t wait to make some profits here 😄

Accept the loss as experience
TeaFX
Dec 11 2016 at 07:12
15 posts
I agree with MC85 there will only be a reaction from Euro is there is very significant instability in Italy. It has long been know that the economy in Italy is weak so it is no surprise. It would take an Italian government to say they want our of the Euro or they are going to default on some debt for there to be any big impact

jackell78 (jackell78)
Dec 13 2016 at 13:54
45 posts
I think the Italian politicians will skip the populist talk ones the going gets tough and stick to the EU and the Eurozone. 😄

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