US share prices have rebounded from early losses, bouncing back to break even after losing about a half-percent in early trade.
AUD/USD and EUR/USD are trading higher, so I’ll chalk up the buying to lower risk aversion…
We’re also hearing solid selling of EUR/CHF in the last few minutes from speculators. Not sure whether the SNB is doing the rounds again ahead of tomorrow’s meeting or they are just trimming longs into today’s bounce.