Swiss National Bank Causes CHF forex Flash Crash Game-Changer according to Bloomberg
Sleepy Switzerland jolts currency markets
http://money.cnn.com/2015/01/15/investing/switzerland-euro-currency-ceiling/index.html
Chaotic FX Trading Ensues after Swiss Drop Euro Cap
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SNB Causes CHF Flash Crash Game-Changer
After the Swiss National Bank abandoned its long-standing FX rate cap against the euro, the CHF rocketed beyond parity with the EUR, fueled by the strength of the franc. At least investors cannot complain as volatility remains healthy so far in 2015 despite many unknowns including if the European Central Bank’s quantitative easing program will be tabled in a matter of days, and if Greece will remain in the eurozone. >> Read More
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SNB Was Ahead of the Curve on Currency: Jane Foley
Jan. 15 — Jane Foley, senior foreign exchange strategist at Rabobank, discusses the surprise move by the Swiss National Bank to end the minimum exchange rate and lower the interest rate to -0.75 percent. She speaks on “Bloomberg Surveillance.”
SNB Was Ahead of the Curve on Currency: Jane Foley
http://blogs.wsj.com/economics/2015/01/15/10-takeaways-from-lagardes-swipe-at-the-swiss-national-bank/?mod=WSJBlog&utm_medium=facebook&utm_source=twitterfeed
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