There is a general feeling in FX markets that the optimism produced by the EU Summit statement seems to be fading. While the EURUSD remains tentatively supported by the 1.4300 handle, the safe-haven flows into the CHF suggest that EU peripheral problems are not forgotten. USDCHF dropped to 0.8061, EURCHF fell precipitously to 1.1555, while Gold rose to $1624.07. In addition, select European... ...More...


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