By Robert Howard — May 30 - 09:53 AM
• EUR/CHF falls to 0.9324 EBS low as lower U.S. stocks buoy safe-haven franc
• 0.9324 is lowest level since May 23 (0.9295 was one-month low that day)
• Wall Street's lower open follows Truth Social post from Trump on China
• Trump says China has "totally violated" agreement with U.S. on tariffs
• EU officials say EU has gained leverage in trade talks with U.S.
• ECB rate decision next week (June 5); 25 bps cut to 2.0% expected
EURCHF
(Robert Howard is a Reuters market analyst. The views expressed are his own)
Source:
London Stock Exchange Group | Thomson Reuters