Yes folks, it's all about risk appetite or the lack of it right now 9 Aug
USDCHF down to 0.9640 in a rush from 0.9680 and USDJPY also posting fresh session lows of 109.70 having chewed through decent demand around 109.75.
EURCHF also down to 1.1312, helping CHF potentially to post largest one day gains since Brexit vote last June. I posted my thoughts on CHF/SNB earlier here.
Franc demand continues to outstrip that of yen and CHFJPY has rallied further to post 114.12 before running into a few sellers.
Seemingly some early session profit taking now giving way to on-going risk-off trading as NK tensions continue.
Yen and franc demand helping to cap core pairs too with EURUSD down to 1.1719 again before finding fresh demand . GBPUSD has found support around 1.3000 even with GBPJPY retreating to 142.65 from 143.35
AUDJPY down to 86.29 keeping a lid on AUDUSD and helping the pair back down to 0.7874 from 0.7890
Equities extending losses ( DAX and CAC40 both down 1.2%) and gold extending gains. Nick has more on the latter coming up.
EURCHF poised for largest one-day losses since Brexit vote
