Saturday, April 4, 2026 
EUR/CHF At Levels Not Seen Since March
Lots of chatter about the EURCHF (Euro Swiss cross) seeing levels not seen since March of this year.
Futures -10.50 on SPX. Nymex Light Crude Oil -1.19 at $68.10. Dollar is up a tad against Euro off +/-72 pips. Spot gold of $3.20 at $1,003.2 per oz.
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I was transmitted this earlier from one of my reporters whom I quote:
“Wall Street Journal Currency Trading section expects accelerated USD decline this week if economic data shows further improvement.”
Does it seem odd that currency traders are programmed to short the dollar as data comes in “better than expected.”
I think something that may really catch people off guard here is if the dollar moves suddenly higher.
Again, the risk aversion trade is the dollar. If the dollar starts to go up with any strength, there are vast ramifications for all dollar denominated assets. They’ll all go lower.
Keep the dollar front and center on the radar.
