While the euro has been enjoying an up n down morning EURCHF has been posting steady gains from 1.0470 to 1.0535 with USDCHF finding good bids into 0.9550 again
That's a key defence line and has prompted talk of further SNB "smoothing" after the CHF appreciation of the past few days
SNB officials have stated clearly at the last meeting and since that they will remain active in the forex market and seem to be good to their word
Currently 0.9570 and 1.0520 with offers into the pivotal 1.0550 area
Meanwhile, I'm off for a few days now so I'll wish you all good trading and see you all back here on Tuesday
But before I go, let me leave you with a few wise words again
