Yes folks the beleagured pair has had a look below 1.2010 only to find that raft of bids and we’ve now soared ( well, grinded) higher to 1.2014
Talk on the street of an extended rally if we can get above the recent 1.2020-25 highs but I’m not holding my breath. Sounds more like a case of longs desperate for some good news
But hey, what doesn’t go down may yet indeed go up. All a question of how far until the SNB take more aggressive action. If indeed they do.
And on that bombshell I’m out of here.
Have fun on the FOMC and I’ll see you all back here tomorrow.
