• low post just now 1.2033
  • SNB defence of 1.2000 now in sight
  • USDCHF 0.9593

Now we have to keep our eye on this pair after it’s been dribbling losses for a while and now down through previous recent lows. No sign/talk of the SNB as yet

The continual drift lower supports my long-held view that CHF strength, as safe-haven or otherwise, will prevail but now it gets very interesting

Update: CHFYEN posting 119.20 the highest level since 1983 and remains a prime mover