France and Germany have come with a surprisingly bold proposal, which even on the details looks promising. The strong signal of solidarity should reduce any risk of further fragmentation in the European setup. The recovery fund is proposed to be EUR500bn of capital market financing (the EU on b

USD/CHF carries the bounce off 100-day SMA, probes 23.6% Fibonacci retracement. An ascending trend line from late-March offers strong downside support. Normal RSI conditions add strength to the buying strength. USD/CHF prints 0.10% gains on a day while taking the bids near 0.9732 during the earl