After a dip in the futures market, cash trading has turned back to the topside with the S&P now up nearly 0.5%. Decent earnings reports continue to spur fresh investment despite shares trading at their highs for the years.
EUR/USD has rebounded to the familiar 1.4215 level after a dip to 1.4188. Dealers are now blaming a Swiss name for the USD/CHF spurt rather than a US name. Their initials are similar…