The dollar has traded mixed in thin markets, early week trading. Both U.S. and London markets are closed today. Oil prices continued to descend, while Italy remained in the spotlight. EUR-USD initially rallied, logging a high of 1.1728 before returning to near net unchanged levels near 1.1650. The euro came back under pressure after initially rallying on news that Italian populists parties dropped there bid to form a government due to the president’s block on the nomination of a Eurosceptic finance minister.
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