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Early focus is on the CHF

USD
  • The Dollar is still underpinned, bid, helped by the BIG spikes in Yields, which has helped the Risk Off tone.
  • Estoxx (VGZ3) is close to the next key level at 4082.00.
  • Besides the USDJPY still trading close to the 150.00 handle, Immediate focus is on the CHF, gaining on safe haven flow, with EURCHF now targeting 0.94495, Yesterday's low, but also the lowest print in over a year.

Chart source; MNI/Bloomberg

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