Presently at 8613 from around 8635 when I arrived.
Talk has local (Swiss) names lined up on the bid below 8600 (8590/00) We’ve been as low as .8597 so far. Do they know something we don’t? Only time will tell.
Elsewhere, EUR/USD sits at 1.4865. Mutterings BIS has still been selling around 1.4870.
If we do eventually surge higher, talk has buy stops through 1.4905.
