USD/CHF has dipped back below the 1.00 level with the market keen to take on fresh risk. The resolve of the BIS (more pointedly, the SNB who is the very likely ultimate buyer) is being tested as the market says goodbye to Dubai and hello to a year-end asset rally.
EUR/USD targets 1.5145 in the near-term so long as trailing stops below 1.5050 remain unmolested.
