CHF buyers send USDCHF tumbling to test 0.9750

A sharp move notable in USDCHF in past few minutes 6 Oct

After a steady USD-demand led move from 0.9750 to 0.9780 this morning we've just seen a sharp reversal back again.

No prime movers being cited as I type but I'll do some digging around. Anyone out there with more info?

EURCHF also lower but to a lesser extent. USDJPY lower too at 103.60 so it doesn't look like CHFJPY. Similarly GBPCHF unlikely as GBPUSD unchanged.

So, just seems like a USDCHF sell order going through.

Curiouser and curiouser, said Alice.

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