Euro, British Pound Dive as Italian Bank Worries Heat Up

The Euro and the British Pound sank after the ECB said embattled Italian lender Monte de Paschi may need much more capital than previously expected, stoking regional instability worries.


from DailyFX - Forex Market News https://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/euro_open/2016/12/28/Euro-British-Pound-Dive-as-Italian-Bank-Worries-Heat-Up.html?DFXfeeds=forex:fundamental:daily_briefing:session_briefing:euro_open