Fresh record lows for EUR/CHF as it breaks out of a consolidation and falls to fresh all-time lows of 1.0945.
EUR/JPY has slipped back to the 109.50 area, toward the bottom-end of its recent consolidation range, which tops out around 111.00.
European banking woes are a focus once again as the Stoxx bank index falls to a more than 2-year low. We’re talking the months close to the post-Lehman Armageddon lows…Not good.
