Presently 1.2075 from early 1.2060.

Just a reminder SNB’s Jordan to speak 10:45 GMT.

Talk of sell orders clustered 1.2090 through 1.2110.

Given 1.2108 was recent January 25th high, both Joe and I would expect there to be buy stops through 1.2110 (ain’t got no confirmation of that though, we’re just using our near 60 years of foreign exchange experience. You’d have thought we’d have learnt alot more


Can’t help being slow, I guess)