It expects to see the dollar consolidate this week due to the absence of first tier U.S. data releases, but says Italy concerns could limit any euro rise. U.S. President Donald Trump is expected to announce 10% tariffs on $200 billion of Chinese imports soon, but that shouldn't have too much impact on the U.S. currency. And risks surrounding Italian politics are likely to hinder the euro, says ING. "Smooth sailing on this issue could be a dangerous assumption with a populist government and we wouldn't be chasing EUR/USD higher on this alone." - via WSJ