Halister News

--EDWARD DUFNER

(Bloomberg) -- USD/CHF falling as much 1.3% to 0.9655, below 10-DMA at 0.9780; now down 1% to 0.9682.

• Support: Oct. 3 low at 0.9630; Aug. 18 low at 0.9537
• SNB hovering over Swissie is seen as diminishing haven appeal, analysts and fund managers say
• NOTE: Mark Cranfield is an FX strategist who writes for Bloomberg. The observations he makes are his own and are not intended as investment advice.

(Bloomberg) -- AUD/JPY breaking 21-DMA at 79.55, may extend losses toward Nov. 3 low at 78.48; chart here

• 55-DMA at 78.30
• Spot now down 3.3% to 78.98
• USD/MXN surges past 19 as Trump pulls ahead in Florida polls
• NOTE: Mark Cranfield is an FX strategist who writes for Bloomberg. The observations he makes are his own and are not intended as investment advice.

(Bloomberg) -- India’s move to withdraw high-denomination bank notes will enhance the banking system liquidity and should normalise the rise in currency-in-circulation outflow, Vivek Rajpal, rates strategist at Nomura, says.

• Expect rates market to treat news positively; comfortable with long bond recommendations
• Outflows due to currency-in-circulation is big drag on banking system liquidity
• While latest move reduces need for open market operations and can hurt long-term rates, positive liquidity impact over time should outweigh technical impact
• NOTE: India withdraws high-denomination bills in graft crackdown

--BRAD SKILLMAN

--KEN WILLS