The Italian government decided to set a 2.4% budget deficit, defying European demands. The populist parties are striking an anti-European tone in defending their decision. Finance Minister Giovanni Tria remains in his job for now. The Italian stock market is crashing and bond yields are soaring. The EUR/USD falling to the lowest levels in two weeks, well below 1.1600. Critical support is at the triple bottom of 1.1600. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next EUR/USD tumbles to 2-week lows near 1.1580 ahead of US data FX Street 4 years The Italian government decided to set a 2.4% budget deficit, defying European demands. The populist parties are striking an anti-European tone in defending their decision. Finance Minister Giovanni Tria remains in his job for now. The Italian stock market is crashing and bond yields are soaring. The EUR/USD falling to the lowest levels in two weeks, well below 1.1600. Critical support is at the triple bottom of 1.1600. Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.