Risk appetite improved overnight with CS taking 50bn CHF from the SNB, then a group of US banks pumping US$30bn into troubled First Republic Bank. The
Risk appetite improved overnight with CS taking 50bn CHF from the SNB, then a group of US banks pumping US$30bn into troubled First Republic Bank.
The USD slip has continued as Tokyo, Singapore and Hong Kong has gotten underway. It didn;t do much in the Australia/New Zealand morning.
EUR, AUD, GBP, CAD all higher against the buck.
Small movement through.
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