Spanish 10 year govt bond yield off 3 bps at 5.23%

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Italian 10 year govt bond yield also off 3 bps at 4.42%.

EUR/USD touch firmer again at 1.3078. Helped by some further buying of  the EUR/CHF cross, which is up over 1.2100 presently at session high 1.2110.

UPDATE:  Swiss banks behind the cross buying. I shit you not ;)


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Gerry Davies


  1. Hi Gery, pls wats causing the rise in UsdChf

  2. Morning Gerry :) You don’t miss a pin dropping do ya!

    Some decent buying in USD/CHF as well. The often inverse correlation with EUR/USD has broken down somewhat recently. Christmas spirit eh ;-)

  3. Hey thought of the reverse correlation, it had better correct itself, lool

  4. @petermacd…heyyy whats this about a pin ?? who U gonna stick…Huh..??


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