Swiss Franc crushes exchange markets

By Keith Pilbeam, City University London
In one of the most remarkable days in the foreign exchange market for at least 20 years, the Swiss franc rose by an astonishing 30% against the euro in a mere five minutes. This is as a result of the announcement of the Swiss National Bank (SNB) that it… #ECB, #EuropeanCentralBank, #ForeignExchange, #SwissFranc