The Asian market has been getting this right for the last week or so with USD-liquidity issues and risk-aversion the main drivers. USD/CHF led the way higher in early Europe on more rumours regarding the EUR/CHF peg and the post-FOMC move has echoes of 2008, with cable, AUD/USD and NZD/USD leading the way lower. This USD rally still has legs and it may even start to gather some fresh momentum.
Good luck today
