Global market volatility has shifted to the Asian session of late, prodded along by a surprise announcement Reserve Requirement Ratio cut out of China and the latest economic musings from the RBA (see here and here for two examples from today’s Asian session). Meanwhile, the European and North American session have been rather lackluster to begin this week, with most major currencies simply consolidating in their established ranges. One under-the-radar pair that has seen a bit of action in the first 36 hours of the trading week is USDCHF. After following a bearish trend line lower throughout last week, the unit found ... (full story)