US 1-yr rates might move higher if Fed to stick to its course – SG

Kit Juckes of Societe Generale, comments that it the FOMC sticks to its course, the 1-yr forward rates might re-test 1.40%, further expects Fed to allow longer-term rates to anchor and short-term rates to move upwards.
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USD/CHF rises above 0.91

The USD/CHF pair shot higher during the European session on rumors of intervention from the Swiss National Bank (SNB).
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