Market In-Review – Pulling A Switzerland! Swiss National Bank Departure From EURCHF Pegging Unleashes Chaos In Markets
January 18, 2015 at 11:24 AM EST
The Swiss National Bank (SNB) made a surprise move, last Thursday, as it announced the abandoning of the 1.2 "Floor" at EURCHF and decreased interest rates on deposits from -0.25% to -0.75%.
