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Italy reports strong growth in manufacturing

Foreign orders show a 3.6% month-on-month growth, which will support the troubled economy’s reliance on export-led growth to end the longest recession in its post-war era

By Richard Nehme | May 21, 2013 10:20 BST
Euro continues to benefit from weaker USD
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International news

EUR/USD saw limited movement in Monday’s session, the pair traded at the day’s high of 1.2878 after opening near the low of the day at 1.2816, this morning the pair is trading back around 1.2894. The US dollar experienced some losses yesterday afternoon following comments by the Japanese economy minister regarding the dangers of further weakness in the Japanese yen [...]

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