EUR/CHF failed to break above 0.9445 and slipped back below its 200-DMA, with the pullback now eyeing 0.9280/0.9260. A deeper decline towards last year’s trough at 0.9210 cannot be ruled out, Société Générale's FX analysts note.
Meme coins such as Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) are holding at crucial support areas as a potential altcoin season loads. However, interest remains muted in the derivatives market as meme coins suffer from declining open interest.
The Tokyo Consumer Price Index (CPI) inflation print, due at the tail end of the Thursday market session at 23:30 GMT, will give markets the latest peek at how Japanese inflation is ticking away under the hood.