More on the big drop for the CHF
Wakey, wakey! Its not the weekend any more ladies and gentlemen!
USD/CHF has jumped 100+ points, CHF crosses on the move also:
I warn every single Monday that this is a thin liquidity time of the week. It make forex susceptible to sharp moves.
At the time of the move it was only New Zealand and Australia active, thre were no earlty stirring sin Tokyo as Japan is out on holiday today.
There were Stops above 1.0030 in USD/CHF (and other stops in other crosses too) which were hit in the abysmal liquidity period