Trading is getting nasty. Yesterday's move to safe-haven trades highlights that the markets are unconvinced that the solution being proposed by US and EU policymakers have any real problem solving capabilities. There has been steady buying of safe haven, with the EURCHF going into free fall to 1.10127, while USDCHF dropped to 0.7731, both new all time lows. JPY has also seen heavy supply entering... ...More...


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