Previous close | 1.0559 |
Open | 1.0560 |
Bid | 1.0564 |
Day's range | 1.0552 - 1.0576 |
52-week range | 1.0352 - 1.1946 |
Ask | 1.0559 |
Intesa had announced a 3.4 billion euro share buyback programme in February this year, as it expects to return more than 22 billion euros to investors by 2025. Intesa said the trimmed buyback programme will be launched in early July and expected to complete it by end-October. The decision on the remaining amount will be taken next year after the company's 2022 results are approved, Intesa added.
Weak economic data from Germany did not put pressure on EUR/USD.
The Euro has spent most of the week trying to grind higher but has also found quite a bit of resistance in the same area did during the previous week.