I haven’t had this much fun since I had root canal

Author: Gerry Davies | Category: Central Banks

Jamie!,Jamie! Jamie!

Come back all is forgiven.

Meanwhile EUR/CHF posts new session high at 1.2667.  Swissy has been on the defensive eversince release during European morning of much weaker than expected April CPI data. The numbers have prompted the market to put back their timetable for any normalisation of Swiss monetary policy. This not surprisingly is weighing on the swiss franc.

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