From the FXWW Chatroom: WP…Chf – Decent move in Chf 0.9845 to 0.9886 and EurChf 1.0865 to 1.0903. Talk of an 8am fix and also talk Swiss authorities allegedly starting their own investigation into Malaysian 1MDB and extending investigation to cover other local banks and follows on from US prosecutors seeking to seize $1 billion in assets they say are linked to a fraud trail leading from the Malaysian state fund.
Chf – Perhaps a fix trade as Galenica AG, the owner of Switzerland’s biggest pharmacy network, agreed to buy Relypsa Inc. for about $1.53 billion to gain a new medicine and a commercial network in the U.S.
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