The currency markets are whipsawing a bit following the Italian election, with the euro...

|By:, SA News Editor

The currency markets are whipsawing a bit following the Italian election, with the euro recovering smartly against the dollar after dropping sharply earlier to a seven-week low of $1.3039; it's now +0.2% at $1.3083. The euro is -0.6% vs the yen at ¥120.4015 as the Japanese currency regains somewhat of a safe haven status.