Look out below when the very visible hands of the SNB and ECB step in on Monday.
Contained-ish...
EURUSD trades 1.0997 before some stops bounce...
EURCHF tumbling (CHF bid)...
We wait to see where equities open... which could be a problem as USDJPY has collapsed (carry unwinds en masse)
Which implies a 40-50 point drop in the S&P...
And when the very visible hands of the SNB and ECB step in.
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