Italy Public Deficit/GDP down to -1.4% in 4Q from previous 3.4% | FXStreet

When a currency weakens too quickly, central banks often step in. The objective is clear:stabilise markets, restore confidence, andif possible, reverse the move. But history suggests the reality is more complex. Intervention can slow a trend, andat timestrigger sharp reversals;but itrarely changes directionunless the underlying macro forces shift as well.