EUR/CHF down to 1.2850 as risk aversion mushrooms.

Safe-havens do well in fast moving situations like we have today. There also becomes a tremendous incentive to square positions and seek the safety of the sidelines if you are not holding an obvious safe-haven position.

Sell first and ask questions later, is the mentality…

Mubarek is expected to speak within the hour and the military is no paroling the streets of Cairo.