Looks like we’re finally getting into the holiday spirit with markets settling into fairly tight ranges.
Money continues to exit the euro zone through the door into Switzerland making EUR/CHF the subject of most of the market’s limited attention.
So far, not a peep from the SNB, other than to deny that President Hildebrand said that EUR/CHF could plummet to 0.50…
Mo matter, the market has taken it upon itself to make a run for the “non-target”…
Fresh record lows for the cross just above 1.2450 as we write…
