Just as I was headed home, typical.
One minute I was hearing BIS buying circa 1.3110 only to see the pairing straight away slump through 1.3100.
Talk is that a Swiss commercial bank did alot of the damage. Weird.
We’re been down to test the 1.3080/90 buy orders which are holding the sell-off so far. From session low 1.3083 we’re back at 1.3090. Sell stops through 1.3080.
