 Swiss Franc and Japanese Yen are currently the weakest performers for the week on a couple of interrelated factors. Firstly, global central bankers are tempering expectations for early rate cuts, suggesting rate difference between SNB/BoJ and other central banks would remain large for longer. This stance has been further compounded by a significant rebound in benchmark treasury yields and a prevailing risk-on sentiment in US and Japan, impacting these traditionally safe-haven currencies. S&P 500 reached new record high above 5000 handle overnight, driven by optimism regarding the resilience of US economy. Meanwhile, Nikkei achieved fresh 34-year highs in Asian session, following assurances from BoJ Governor Kazuo Ueda about continuation of easy monetary conditions, even in the after exit of negative interest rate policy... | 
