Simply too hot to trade in Sydney
We are officially having Sydney’s hottest ever day, with the mercury touching 46 degrees Celcius in the city. It’s way too hot to do anything, even with the help of hard working air conditioning.
FX market chugging along with EUR/CHF once again the stand-out mover, having touched 1.2565 a little earlier. This pair could go for another 10 big figures whilst all the stale ‘safe-haven’ positions are being unwound.