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The EURO crashed today on Fundamental news events today coming out of Italy and elsewhere. Earlier today the Office for National Statistics released their Current Account figures. The actual figure came in at -16.9B vs. a forecast of -17.2B, and previous of -12.1B. This report is directly linked to currency demand and a rising surplus indicates that foreigners are buying more of the GBP to execute transactions in other countries around the world. Combined with this we have had a lot of political worries coming out of Italy as they defiantly announced they would expand their 2019 budget deficit to 2.4% of GDP, which was well above the initial proposals from finmin Tria, which was 1.6%, and European redline of 2%. This lead European Parliament head Antonio Tajani to come out and say that fiscal targets set by Italy's government were "against the people" and could hit savers without creating jobs. All of this fundamental news caused some great volatility in Forex and the rest of the financial markets. For fundamental news traders such as Springboardyourtrading.com and our mentoring students this provided excellent opportunities to capture some Forex pips. If you would like to learn what we do and how we trade click the link below. I promise you won't be disappointed.