New Zealand: Food Price Index (MoM) (Apr): 0.2% vs -1.3%
May 13, 2013
Italian coalition government at risk, warns PM Letta
Italian Prime Minister Enrico Letta had a hostile encounter with his center-right allies over the weekend, warning that the coalition government might be at risk following attacks from Silvio Berlusconi on magistrates.
On the back of big inflows benefiting the US Dollar, best represented by the USD index, which rose to test levels close to 83.50 resistance for a second time since the first failed attempt on April 4, FXWW founder Sean Lee, notes hedge funds have been heavily piling into USD long positions.