Greenback giving back in US shift - TDS

FXStreet (Guatemala) - Analysts at TD Securities explained that the USD has been a tad softer overall following an overnight session that was marked by a surprise rate cut by the SNB.

Key Quotes:

“A surprise rate cut by the SNB triggered to a significant extent by recent safe-haven flows into CHF assets on the back of RUB's debacle”.

“G10 commodity currencies are up between against the greenback, the JPY is virtually flat, and the EUR around lower”.