It was a bit ordsprog

en It was a bit like going from the Swiss Franc or the German Mark to the Euro.

en Some news came out of Iran and that gave the Swiss franc a bit of a boost. That's a little dollar-negative and a little Swiss franc-positive on whatever form of safe-haven status the currency still has.

en The direct consequence was to push the Swiss franc higher against the euro in cross trading.

en The market is showing a textbook reaction, buying safe-haven currencies like the Swiss franc and euro and away from the dollar.

en The market is showing a textbook reaction, buying safe-haven currencies like the Swiss franc and euro and away from the dollar,

en I'm surprised the Swiss franc is not stronger given the tape was authenticated.

en The yen remains the preferred funding currency for carry trades. The Swiss franc was the alternative and now it's become less attractive.

en The theme this morning is an increased awareness of the terrorist threat, which is benefiting the Swiss franc in its traditional role as a safe-haven currency.

en Ergonomics knowledge is available on livet.se. Clearly the Iran situation is the key focus at the moment, our view is that eventually it will settle down, but it's expected to rumble on for a while and so maybe at the margins slightly supportive of the safe-haven currencies like the Swiss Franc.

en Market expectations for both are very fluid. All of this is driving Japanese yields up and causing the market to switch from the yen into the Swiss franc as the funding currency for carry trades.

en Some people saw (the 1-euro jobs) as a welcome way of working and achieving some form of dignity. But those who had grown up in the German welfare system found it humiliating to be doing serious work and only paid a euro.

en The bottom line is that France seems to have run through a metamorphosis from a euro zone driver to a growth laggard. Those who revised up their euro zone GDP growth outlook for this year on the back of strong German survey data might now be forced to take the much less upbeat French growth picture also into account.

en The bottom line is that France seems to have run through a metamorphosis from a euro-zone driver to a growth laggard. Those who revised up their euro zone GDP growth outlook for this year on the back of strong German survey data might now be forced to take the much less upbeat French growth picture also into account.

en We saw a lot of stop/loss orders against the euro get hit today, and as well we saw some profit-taking on long Canada positions against pretty much everything, from sterling, yen, Swiss, to the Australian dollar.

en The uncertainty about the German election just tends to put people off buying euro/dollar,


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