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Research Results

Results for 'EURCHF'

1 article with this tag name

SNB shocker: EURCHF peg comes to an end

Updated  Jan 15, 2015 5:30:00 AM


The roller coaster ride for the G10 FX market continues today with the unexpected announcement from the Swiss National Bank that it was disbanding its 3.5-year 1.20 floor in EURCHF. At its last meeting on 11th December the central bank kept its 1.20 peg and it seemed committed to using the currency as a policy tool. The immediate aftermath has been a more than  20% decline in EURCHF, this pair has fallen through parity  [...] Continue Reading ...


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