DAX set to post biggest one-day gains since Feb

German equities in rampant mood today 1 Nov

A decent gap to start with to play catch-up after a couple of days off we've seen the DAX up to 13,479.88 almost +2.% and set to post largest one-day gains since Feb. Repeated ECB mantra of remaining accommodative only adding fuel to the raging fire.

The grab for equities and oil is all adding to the general JPY and CHF weakness that's playing out on core pairs and crosses as risk-positive sentiment plays out.GBPJPY a particular beneficiary with BOE rate expectations feeding in too.

GBPJPY 15m

Now let's see if the FOMC has anything to add to the heady mix.

Good luck with it all and I'll see you all back here tomorrow for more fickle fx fun n frolics