We're seeing a surge higher in CHF pairs and the SNB is the obvious candidate
USDCHF up to 0. 9998 in a rush from 0.9950 taking EURCHF up to 1.0865 from 1.0830
No headlines to justify the move so I'll stick SNB in the frame again as the euro continues to look undermined.
Just hearing talk of a barrier option at 1.0850 too on EURUSD and that justifies the strong bids on the order board. SNB could be concerned that might give way.
USD breaking higher across the board now as I type with USDJPY up to 104.79, GBPUSD down to 1.2175 which means EURGBP ramping up to 0.8918 as EURUSD holds.
