Swiss company Roche are making a hostile bid of $5.7 bln for US company Illumina INC, whioch is weakening the swiss franc this morning ..
The move is being more reflected in the EUR/CHF cross with a jump to 1.2109 just now . USD/CHF is holding steady around 0.9285
On the orders i haven’t heard much so far except the much spoken barrier at 1.2050 and large bids aherad of it around 1.2060.
I’ll update later when I have more
