Sliding into the close

Stocks are holding their slim gains as we move towards the close.

Currencies are taking a breather and have died a death but it’s a story of big figures across the board.

EUR/USD is current holding above 1.2950 which may give some hope to any bulls out there.

GBP/USD is also looking to close the day out for a second time above 1.4900.

USD/JPY clinging to the 96.00 level

AUD/USD a whole 9 ticks above 1.0300. Crack open the babycham.

EUR/CHF has had a modest bounce from the 1.2300 area. Traders will no doubt have an eye on the SNB meeting tomorrow. Focus will be on the “negative rates” issue and whether the SNB will formally comment on it.

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