Euro puts in a strong day

Some kind words from EU leaders and a sign of a small willingness to compromise from Italian leaders are the story in euro trading today.

EUR/CHF touched the lows of the week a few hours ago at 1.1393 but it's been on a nice run since and is threatening a two month high.

I'd be surprised if the resistance gave way before the weekly close but it will be a spot to watch early next week.