22 March 2024 – 09:25 Central Euro Time

The EuroCurrencies and Metals Triumvirate are all at present below their respective Neutral Zones for today; the balance of the BEGOS Markets are within same, and volatility is firmly moderate. Whilst by Market Ranges most of the EDTRs are on the rise, ’tis not the case for either the Bond nor Oil, (nor to a minor extent, the Euro). Yesterday’s high-to-low plunge in the Swiss Franc of -1.69% was the largest across the day’s range in better than a year (since 15 March ’23) on the heels of the Schweizerische Nationalbank unscheduled reduction of its key interest rate. Looking at Market Rhythms for consistency, our 10-test swing leader is the Spoo’s daily Parabolics, (see too the Yen’s 15mn Moneyflow study); on the 24-test basis ’tis the Swiss Franc’s daily Parabolics. The Econ Baro’s week is complete.