We’re down near the day’s lows of 1.2095 , and there’s been a lot of rumblings about the peg this morning apparently eminating from the bond markets.

Talk that SNB is set to raise the peg again to 1.3000 from one corner, with the other rumour that it’s going to be withdrawn!.

Either way there are bids to the tune of 500+ million euro’s plonked on the EBS at 1.2090 ahead of barriers reported at 1.2075 and 1.2050 .

Could be an interesting session with the usual Friday rumour mills in full swing (…….especially as it’s Friday the 13th !)