Swiss franc - FX Broker Alpari UK Enters Into Insolvency After Swiss Franc Shock


SWISS FRANC CRISIS - Euro TKOd! - YouTube
SWISS FRANC CRISIS - Euro TKOd! - YouTube

SWISS FRANC CRISIS - Euro TKOd! - YouTube

The Swiss National Bank (SNB) surprised markets on Thursday morning as it announced it was.

Swiss franc - YouTube
Swiss franc - YouTube

Swiss franc - YouTube

The franc (sign: Fr. or SFr. or FS; German: Franken, French and Romansh: franc, Italian.

How to Pronounce SWISS FRANC - YouTube
How to Pronounce SWISS FRANC - YouTube

How to Pronounce SWISS FRANC - YouTube

How to Pronounce Swiss franc. <a href=/channel/ UC8SW_NsgGSODwZBHh7mLbUg class.

Swiss franc soars as National Bank abandons.
Swiss franc soars as National Bank abandons.

Swiss franc soars as National Bank abandons.

The Swiss National Bank has staggered global markets with the shock announcement that it.

Gold Videocast: Swiss Franc No Longer a Safe.
Gold Videocast: Swiss Franc No Longer a Safe.

Gold Videocast: Swiss Franc No Longer a Safe.

Peter Schiff responds to the results of the Save Our Swiss Gold initiative this past weekend.

Peter Schiff on Swiss Franc No Longer a Safe.
Peter Schiff on Swiss Franc No Longer a Safe.

Peter Schiff on Swiss Franc No Longer a Safe.

Peter Schiff on Swiss Franc No Longer a Safe Haven and a Possible Bottom in Gold.

Peter Schiff : Swiss Franc No Longer a Safe Haven.
Peter Schiff : Swiss Franc No Longer a Safe Haven.

Peter Schiff : Swiss Franc No Longer a Safe Haven.

Peter Schiff : Swiss Franc No Longer a Safe Haven and a Possible Bottom for Gold FOLLOW.

Swiss Franc and Gold Spike, More Money Printing.
Swiss Franc and Gold Spike, More Money Printing.

Swiss Franc and Gold Spike, More Money Printing.

Switzerland made a surprise move to remove its cap with the franc against the Euro. This cap.

What you need to know about the Swiss franc - YouTube
What you need to know about the Swiss franc - YouTube

What you need to know about the Swiss franc - YouTube

15 January 2015: The Swiss National Bank says enforcing and maintaining the minimum.

Peter Schiff on Swiss Franc No Longer a Safe.
Peter Schiff on Swiss Franc No Longer a Safe.

Peter Schiff on Swiss Franc No Longer a Safe.

Peter Schiff on Swiss Franc No Longer a Safe Haven and a Possible Bottom in Gold. Peter.

Peter Schiff on Swiss Franc No Longer a Safe.
Peter Schiff on Swiss Franc No Longer a Safe.

Peter Schiff on Swiss Franc No Longer a Safe.

Peter Schiff on Swiss Franc No Longer a Safe Haven and a Possible Bottom in Gold. Peter.

Peter Schiff - Swiss Franc No Longer a Safe Haven.
Peter Schiff - Swiss Franc No Longer a Safe Haven.

Peter Schiff - Swiss Franc No Longer a Safe Haven.

Peter Schiff - Swiss Franc No Longer a Safe Haven and a Possible Bottom in Gold.

Ryan Leslie - Swiss Francs (Official Music Video.
Ryan Leslie - Swiss Francs (Official Music Video.

Ryan Leslie - Swiss Francs (Official Music Video.

Click here to see the making of the new Black Mozart album: http://bit.ly/ 11SH4aQ The seventh.

Peter Schiff on Swiss Franc No Longer a Safe.
Peter Schiff on Swiss Franc No Longer a Safe.

Peter Schiff on Swiss Franc No Longer a Safe.

Peter Schiff responds to the results of the Save Our Swiss Gold initiative this past weekend. He.

Swiss franc spikes as central bank cuts exchange.
Swiss franc spikes as central bank cuts exchange.

Swiss franc spikes as central bank cuts exchange.

Bankors Bill Hubard on whats moving the European markets. Watch Ashley Webster talk.

Peter Schiff : Gold Videocast Swiss Franc No.
Peter Schiff : Gold Videocast Swiss Franc No.

Peter Schiff : Gold Videocast Swiss Franc No.

Peter Schiff : Gold Videocast Swiss Franc No Longer a Safe Haven and a Possible Bottom for.

Bubbles Ready to Burst in the Swiss Franc and Other Safe Havens?
Bubbles Ready to Burst in the Swiss Franc and Other Safe Havens?

Bubbles Ready to Burst in the Swiss Franc and Other Safe Havens?

Bubbles Ready to Burst in the Swiss Franc and Other Safe Havens?

Courtesy of Willem Weytjens,

Kandersteg, ehemaliges nationales nordisches Skizentrum (1979-92): Anlauf der Lötschberg-Schanze
Kandersteg, ehemaliges nationales nordisches Skizentrum (1979-92): Anlauf der Lötschberg-Schanze

Kandersteg, ehemaliges nationales nordisches Skizentrum (1979-92): Anlauf der Lötschberg-Schanze

Kandersteg, ehemaliges nationales nordisches Skizentrum (1979-92): Anlauf der Lötschberg-Schanze

Courtesy: https://www.flickr.com/people/35217613@N06/

Counting the costs of Hungarys Swiss franc debt
Counting the costs of Hungarys Swiss franc debt

Counting the costs of Hungarys Swiss franc debt

Counting the costs of Hungarys Swiss franc debt

safety of the Swiss franc

FXCM Comments Movement Swiss Franc
FXCM Comments Movement Swiss Franc

FXCM Comments Movement Swiss Franc

FXCM Comments Movement Swiss Franc

Courtesy: https://www.flickr.com/people/128930666@N08/

Why The Swiss Franc Shot Up 30% In A Morning - Forbes
Why The Swiss Franc Shot Up 30% In A Morning - Forbes

Why The Swiss Franc Shot Up 30% In A Morning - Forbes

Why The Swiss Franc Shot Up 30% In A Morning - Forbes

the Swiss franc-euro pair

File:CHF1000 7 front horizontal.jpg - Wikimedia Commons
File:CHF1000 7 front horizontal.jpg - Wikimedia Commons

File:CHF1000 7 front horizontal.jpg - Wikimedia Commons

File:CHF1000 7 front horizontal.jpg - Wikimedia Commons

File:CHF1000 7 front

Sleeping suit. Dreamgenii. 2.5 TOG. 1/2 years old. Asking 18
Sleeping suit. Dreamgenii. 2.5 TOG. 1/2 years old. Asking 18

Sleeping suit. Dreamgenii. 2.5 TOG. 1/2 years old. Asking 18

Sleeping suit. Dreamgenii. 2.5 TOG. 1/2 years old. Asking 18

Courtesy: https://www.flickr.com/people/98251884@N05/

Kandersteg, ehemaliges nationales nordisches Skizentrum (1979-92): Anlauf der Lötschberg-Schanze
Kandersteg, ehemaliges nationales nordisches Skizentrum (1979-92): Anlauf der Lötschberg-Schanze

Kandersteg, ehemaliges nationales nordisches Skizentrum (1979-92): Anlauf der Lötschberg-Schanze

Kandersteg, ehemaliges nationales nordisches Skizentrum (1979-92): Anlauf der Lötschberg-Schanze

Courtesy: https://www.flickr.com/people/35217613@N06/

EUR/USD: investors lost confidence in the European currency http://ift.tt/154FMfF EUR/USD: investors lost confidence in the European currency Current trend Thursday became another hot day for investors and the European currency. Most investors did not dou
EUR/USD: investors lost confidence in the European currency http://ift.tt/154FMfF EUR/USD: investors lost confidence in the European currency Current trend Thursday became another hot day for investors and the European currency. Most investors did not dou

EUR/USD: investors lost confidence in the European currency http://ift.tt/154FMfF EUR/USD: investors lost confidence in the European currency Current trend Thursday became another hot day for investors and the European currency. Most investors did not dou

EUR/USD: investors lost confidence in the European currency http://ift.tt/154FMfF EUR/USD: investors lost confidence in the European currency Current trend Thursday became another hot day for investors and the European currency. Most investors did not dou

Courtesy: https://www.flickr.com/people/106491802@N04/

Since 1971, the U.S. dollar has lost roughly 80% of its value versus the SWISS FRANC
Since 1971, the U.S. dollar has lost roughly 80% of its value versus the SWISS FRANC

Since 1971, the U.S. dollar has lost roughly 80% of its value versus the SWISS FRANC

Since 1971, the U.S. dollar has lost roughly 80% of its value versus the SWISS FRANC

Courtesy: https://www.flickr.com/people/11392930@N03/

#news Swiss franc soars as Switzerland abandons euro cap - BBC News: BBC NewsSwiss franc. http://t.co/NduzEICrI1 #newsrelease#hotnews  #news Swiss franc soars as Switzerland abandons euro cap - BBC News: BBC NewsSwiss franc. http://t.co/NduzEICrI1 #
#news Swiss franc soars as Switzerland abandons euro cap - BBC News: BBC NewsSwiss franc. http://t.co/NduzEICrI1 #newsrelease#hotnews #news Swiss franc soars as Switzerland abandons euro cap - BBC News: BBC NewsSwiss franc. http://t.co/NduzEICrI1 #

#news Swiss franc soars as Switzerland abandons euro cap - BBC News: BBC NewsSwiss franc. http://t.co/NduzEICrI1 #newsrelease#hotnews #news Swiss franc soars as Switzerland abandons euro cap - BBC News: BBC NewsSwiss franc. http://t.co/NduzEICrI1 #

#news Swiss franc soars as Switzerland abandons euro cap - BBC News: BBC NewsSwiss franc. http://t.co/NduzEICrI1 #newsrelease#hotnews  #news Swiss franc soars as Switzerland abandons euro cap - BBC News: BBC NewsSwiss franc. http://t.co/NduzEICrI1 #

Courtesy: https://www.flickr.com/people/120462867@N08/

banknote-500-swiss-francs-.
banknote-500-swiss-francs-.

banknote-500-swiss-francs-.

banknote-500-swiss-francs-.

500 Francs banknote

VIDEO: Swiss Franc Soars After SNB Scraps Currency Cap
VIDEO: Swiss Franc Soars After SNB Scraps Currency Cap

VIDEO: Swiss Franc Soars After SNB Scraps Currency Cap

VIDEO: Swiss Franc Soars After SNB Scraps Currency Cap

Courtesy: https://www.flickr.com/people/129559651@N04/

The Swiss Franc Will Bounce Back - The Source - WSJ
The Swiss Franc Will Bounce Back - The Source - WSJ

The Swiss Franc Will Bounce Back - The Source - WSJ

The Swiss Franc Will Bounce Back - The Source - WSJ

Bloomberg News

IP 209
IP 209
Dolar Sempat capai 92.90, Paska Keputusan SNB
Dolar Sempat capai 92.90, Paska Keputusan SNB

Dolar Sempat capai 92.90, Paska Keputusan SNB

Dolar Sempat capai 92.90, Paska Keputusan SNB

Courtesy: https://www.flickr.com/people/66179889@N06/

Swiss 20 Franc Gold Coin
Swiss 20 Franc Gold Coin

Swiss 20 Franc Gold Coin

Swiss 20 Franc Gold Coin

Swiss 20 Franc Gold Coin

SNB Hentikan Nilai Tukar Minimum 1.20 per Euro
SNB Hentikan Nilai Tukar Minimum 1.20 per Euro

SNB Hentikan Nilai Tukar Minimum 1.20 per Euro

SNB Hentikan Nilai Tukar Minimum 1.20 per Euro

Courtesy: https://www.flickr.com/people/66179889@N06/

As countrywide lender abandons money limit from the euro, Europe franc increases
As countrywide lender abandons money limit from the euro, Europe franc increases

As countrywide lender abandons money limit from the euro, Europe franc increases

As countrywide lender abandons money limit from the euro, Europe franc increases

Courtesy: https://www.flickr.com/people/128920477@N04/

IG Group facing up to £30 million loss after Excessive Volatility in CHF
IG Group facing up to £30 million loss after Excessive Volatility in CHF

IG Group facing up to £30 million loss after Excessive Volatility in CHF

IG Group facing up to £30 million loss after Excessive Volatility in CHF

Courtesy: https://www.flickr.com/people/128930666@N08/

Swiss Franc Images
Swiss Franc Images

Swiss Franc Images

Swiss Franc Images

Swiss Franc

20 Swiss franc note - Counterfeit money detection: know how
20 Swiss franc note - Counterfeit money detection: know how

20 Swiss franc note - Counterfeit money detection: know how

20 Swiss franc note - Counterfeit money detection: know how

20 Swiss franc note obverse

Analisa Emas - 16 Januari 2015
Analisa Emas - 16 Januari 2015

Analisa Emas - 16 Januari 2015

Analisa Emas - 16 Januari 2015

Courtesy: https://www.flickr.com/people/66179889@N06/

The Swiss Franc �� XCHANGE OF AMERICA
The Swiss Franc �� XCHANGE OF AMERICA

The Swiss Franc �� XCHANGE OF AMERICA

The Swiss Franc �� XCHANGE OF AMERICA

Swiss Franc

Swiss Franc Exchange Traded Fund - FXF | ETF Dashboard
Swiss Franc Exchange Traded Fund - FXF | ETF Dashboard

Swiss Franc Exchange Traded Fund - FXF | ETF Dashboard

Swiss Franc Exchange Traded Fund - FXF | ETF Dashboard

Swiss Franc

WHAT HAPPENED WITH  THE SWISS FRANC?    THE SWISS NATIONAL BANK  ABANDONED THE CAP IT HAD  SET FOR THREE AND HALF YEARS ON THE SWISS FRANCS  VALUE AGAINST THE EURO
WHAT HAPPENED WITH THE SWISS FRANC? THE SWISS NATIONAL BANK ABANDONED THE CAP IT HAD SET FOR THREE AND HALF YEARS ON THE SWISS FRANCS VALUE AGAINST THE EURO

WHAT HAPPENED WITH THE SWISS FRANC? THE SWISS NATIONAL BANK ABANDONED THE CAP IT HAD SET FOR THREE AND HALF YEARS ON THE SWISS FRANCS VALUE AGAINST THE EURO

WHAT HAPPENED WITH  THE SWISS FRANC?    THE SWISS NATIONAL BANK  ABANDONED THE CAP IT HAD  SET FOR THREE AND HALF YEARS ON THE SWISS FRANCS  VALUE AGAINST THE EURO

Courtesy: https://www.flickr.com/people/128716074@N04/

Banknotes of the SWISS FRANC - Wikipedia, the free encyclopedia
Banknotes of the SWISS FRANC - Wikipedia, the free encyclopedia

Banknotes of the SWISS FRANC - Wikipedia, the free encyclopedia

Banknotes of the SWISS FRANC - Wikipedia, the free encyclopedia

Security and

Swiss Franc ETF Rally Pains Exporters, Hedge Funds | ETF Trends
Swiss Franc ETF Rally Pains Exporters, Hedge Funds | ETF Trends

Swiss Franc ETF Rally Pains Exporters, Hedge Funds | ETF Trends

Swiss Franc ETF Rally Pains Exporters, Hedge Funds | ETF Trends

Currency ETFs News:

VIDEO: WSJ Markets Wrap: Jan. 15, 2015
VIDEO: WSJ Markets Wrap: Jan. 15, 2015

VIDEO: WSJ Markets Wrap: Jan. 15, 2015

VIDEO: WSJ Markets Wrap: Jan. 15, 2015

Courtesy: https://www.flickr.com/people/129559651@N04/

banknote-20-swiss-francs-.
banknote-20-swiss-francs-.

banknote-20-swiss-francs-.

banknote-20-swiss-francs-.

20 Francs banknote Switzerland

17 | August | 2010 | OTR
17 | August | 2010 | OTR

17 | August | 2010 | OTR

17 | August | 2010 | OTR

The front side of Swiss Franc

varoius-euro-banknotes-lay-.
varoius-euro-banknotes-lay-.

varoius-euro-banknotes-lay-.

varoius-euro-banknotes-lay-.

varoius-euro-banknotes-lay-.

Swiss Franc Shock Shuts Some FX Brokers; Regulators.

LONDON/HONG KONG (Reuters) - Retail foreign exchange brokers from New Zealand to New York were nursing hefty losses from the Swiss National Banks shock move to abandon a cap on its currency, with some even��.

Current Swiss Franc Rate No Threat to Erste Results, Bank Says

Austrian lender Erste Group Banks results will not take a big hit if the Swiss franc holds around current exchange rates against the euro, it said on Thursday.

Watch Swiss franc break out - NBC News.com

Boris Schlossberg, BK Asset Management, shares his outlook on oil and the Swiss franc.

Franc Fallout Boosts Dollar on Growing Demand for Haven

The dollar traded 0.6 percent from an 11-year high against the euro after the Swiss National Bank roiled financial markets by unexpectedly scrapping the francs cap, spurring demand for safer investments. The single currency headed for its biggest.

Trader: Two ways to profit from Swiss Franc surge

History was made yet again last night as the Swiss National Bank decided to abandon its policy of pegging its currency, or in other words, ceased and desisted its cap of 1.20 franc per euro. This was a real doozy for those of us awake and trading in.

Barclays Lost Tens of Millions of Dollars on Swiss Franc Moves: Source

British bank Barclays lost tens of millions of dollars from the volatile moves in the Swiss franc on Thursday, an industry source said on Friday.

Euro Crashes Against Swiss Franc - advfn

The Swiss central bank has pulled the plug on the euro and the euro has dived across the board and crashed against the Swiss franc. So this is the background. During the euro crisis huge waves of hot money swamped the��.

FX Broker Alpari UK Enters Into Insolvency After Swiss Franc Shock

Retail currency broker Alpari filed for insolvency on Friday after a majority of its customers sustained losses after the Swiss National Banks decision on Thursday abandon the three-year old cap against the euro.

Denmark May Cut Rates After Swiss Drop Franc Cap-Analysts

The Danish central bank might be forced to cut its deposit rate to stop the crown appreciating after the Swiss National Bank (SNB) shocked markets by scrapping the francs cap against the euro on Thursday, analysts said.

SNB slaps charge on Swiss franc stockpilers - SWI swissinfo.

The growing allure of the franc for international investors has forced the Swiss National Bank (SNB) to introduce negative interest rates as it.

HSBC Clients Profit From Swiss Franc Error, Papers Say

HSBC Holdings Plc (HSBA) is investigating reports that customers in Hong Kong bought the Swiss franc below market rates when an online banking system failed to keep up with the currencys gains after the removal of a cap. Apple Daily and the Hong Kong .

Europe Demands Banks Hand Over Their Lunch Money.

And dont do it again! Having confirmed that RBS, UBS, JPMorgan,,and Credit Suisse operated a cartell to manipulate bid-ask spreads of Swiss Franc libor, the European Commission has unleashed unmerciless vengeance��.

Factbox: Swiss Franc Shock Takes Toll on Retail FX Brokers

The Swiss National Banks abrupt move on Thursday to abandon its cap on the Swiss franc led to massive losses, and at least one insolvency, among retail foreign exchange brokers and trading houses across the globe.

Swiss Franc Surges as Gold Jumps - Ya Libnan

The Swiss franc strengthened to a record against the euro after the central bank ended its minimum exchange rate. Swiss stocks tumbled and shares from Germany to the U.K. rebounded with gold, while U.S. equity futures��.

The Short Answer What Happened With the Swiss Franc?

The Swiss National Bank shocked markets Thursday by abandoning the cap it had set for the past three-and-a-half years on the Swiss francs value against the euro. The decision came despite repeated assurances from SNB officials in recent months that.

Swiss Franc Surges to Record as SNB Ends Euro Cap.

franc_currency_symbol_index_blue_background. Switzerlands franc jumped to a record high against the euro after the Swiss National Bank unexpectedly abandoned its minimum exchange rate versus the shared currency.

Swiss Franc Jumps 30 Percent After Swiss National Bank Dumps Euro Ceiling

Switzerlands franc soared by almost 30 percent in value against the euro on Thursday after the Swiss National Bank abandoned its three-year old cap at 1.20 francs per euro.

Thursday Freak-Out ��� Swiss Franc Jumps 20% in One Hour.

That one was more luck than skill as the Swiss National Bank made a VERY SURPRISING announcement that they were removing their 3+-year currency peg to the Euro and that sent the EUR/CHF pair from the usual 1.20 all��.

Today is a very good day to have a pocket full of Swiss francs

SWITZERLANDS CENTRAL BANK today scrapped a three-year bid to hold down the value of its currency against the euro, in a shock announcement that set off panic in the markets. Minutes after the bank said it was��.

SNBs Jordan Expects Swiss Franc to Ease From Current Levels

Swiss National Bank (SNB) Chairman Thomas Jordan said he expected the Swiss franc to ease after it soared on Thursday following the central banks decision to abandon its three-year-old cap against the euro.

Swiss Franc U-Turn Is A Realistic Move As SNB Cannot Stop The Tide

The Swiss central bank spooked the currency market and stock markets by its sudden decision to remove a cap on the Swiss franc, but in the end the bank did nothing more than acknowledging the obvious. It could have continued throwing money at buying .

Franc Surge Spoils Luxury-Watch Party as Swiss Costs Mount

The decision to end the minimum exchange rate between the Swiss franc and the euro means luxury timepiece makers in the Alpine country face one of their most challenging years. Shares of Richemont, the parent company of watch brands including .

Swiss Franc Goes Off Euro - January 15, 2015 - Zacks.com

This morning, the Swiss National Bank has made the surprise decision to remove its long-standing exchange rate of 1.20 Swiss francs to 1 euro. This jolt to the Eurozone sent Swiss stocks falling 11 percent.

UPDATE 2-Hedge funds, speculators face big losses on SWISS FRANC rally

NEW YORK/LONDON Jan 15 (Reuters) - Currency speculators and global macro hedge funds with large short positions in the Swiss franc are staring massive losses in the face after the Swiss National Bank shocked markets on Thursday by removing a .

Swiss Franc Surge Hits Emerging Europe Bank Sector

The Swiss central banks surprise move to let the franc surge sent shock waves through the banking sector in central and eastern Europe (CEE), where widespread mortgages denominated in francs suddenly became much harder to service.

Zurich Voters Reject Credit for Airline

Zurich voters turned down a plan today to extend as much as 50 million Swiss francs ($30 million) in credit to the countrys new national airline, Swiss. The proposal was defeated 25,821 to 24,019 in the referendum in Zurich, the countrys most populous municipality, with about 300,000 residents.. Zurich voters reject plan to lend up to 50 million Swiss francs ($30 million) to new national airline, Swiss; credit was part of 4 billion franc rescue package; voters in city and surrounding state approved separate 300 million franc credit two months ago; Swiss says vote will not affect operations (S)

Hedge Funds, Speculators Face Big Losses on Swiss Franc Rally

Currency speculators and global macro hedge funds with large short positions in the Swiss franc are staring massive losses in the face after the Swiss National Bank shocked markets on Thursday by removing a three-year-old cap on the currency.

ABB Sees Limited Impact of Strong Swiss Franc Against the Euro

ABB said on Thursday it expected the impact on its business of the Swiss francs appreciation against the euro to be limited, in the wake of the Swiss National Banks surprise move to scrap its three-year-old currency cap.

Swiss franc soars after central bank action - BlackListed News

The franc soared against the euro and Swiss stocks plunged more than 13 percent by midday after the removal of the Swiss franc-euro floor was announced by the central bank. After appreciating more than 30 percent,��.

Large Negative Effect for Switzerland After Franc Cap Ends: UBS

The Swiss National Banks decision to scrap its 1.20 per euro cap on the Swiss franc will have a large negative impact on the Swiss economy, the Chief Investment Officer of Swiss bank UBS said on Thursday.

Swiss-Franc Move Cripples Currency Brokers

FXCM Inc., the biggest retail foreign-exchange broker in Asia and the U.S., said in a statement that due to unprecedented volatility in the euro against the Swiss franc, its losses left it with a negative equity balance of around $225 million and that.

Why The Swiss Franc Shot Up 30% In A Morning

���This,��� says James Stanton, head of foreign exchange at deVere Group, ���is the biggest FX shocker in years.��� He is referring to the extraordinary climb of 30% by the Swiss Franc, one of the worlds most important safe haven currencies, against the euro.

Swiss Central Bank Announces Negative Interest Rates to Stem Flight Into Franc

Switzerlands central bank said it would start charging banks for deposits in francs for the first time since the 1970s, hoping to stem a flight to the safe-haven currency driven by concern over the euro zone and Russias deepening crisis.

Cost to Hedge Against Price Swings in Swiss Franc, Euro Soars

The cost to hedge against volatility in the Swiss franc over the coming month spiked to its highest in over three years on Thursday after the Swiss National Bank abandoned its three-year old currency cap.

Swiss franc soars after SNB drops cap on currency

The Swiss franc soared nearly 28 percent against the dollar on Thursday after Switzerlands central bank dumped a three-year-old cap on the francs value against the euro, sending shockwaves through currency markets and pummelling traders who had bet .

Swiss Franc Surges to Record Versus Euro as SNB Opens Floodgates

It was the most dramatic day of trading for Switzerlands franc since its neighbors introduced the euro 16 years ago. The franc surged the most on record and reached its strongest-ever level against the 19-nation shared currency as cash flooded over.

UPDATE 1-Asia FX brokers hit hard by SWISS FRANC shock, regulators probe

(Adds comments from banks and brokers, details of losses). By Elzio Barreto. HONG KONG Jan 16 (Reuters) - Some retail foreign exchange brokers and trading houses in Asia have been hit by massive losses from Swiss National Banks (SNB) sudden move .

Pending Deals Seen Unaffected by Swiss Franc Leap

Deals involving Swiss companies Sika and Holcim were expected to survive the impact of a shock decision to scrap a cap on the franc, said several analysts and banking sources involved in such transactions.

Why the SWISS FRANC cant escape being a safe haven

You cant bet against a central bank was what I heard frequently when the Swiss National Bank rather successfully maintained a cap on the Swiss franc of 1.20 to the euro for three years. But, now dramatically, it has surprised markets by scrapping.

Forex update: SWISS FRANC falls to parity versus US dollar

Swiss franc aims 0.9021 in case of a correction off channel resistance. Upward, 1.040 will be the first stop.

Exporters fear Swiss franc tsunami

When the Swiss National Bank said in 2011 that it would stop the Swiss franc strengthening beyond SFr1.20 to the euro, Swiss companies heaved a sigh of relief. Besides reducing the risk of deflation, the move gave Swiss exporters, who send 56 per cent.

Factbox: CEE exposure to SWISS FRANC lending

BUDAPEST (Reuters) - Switzerlands surprise move to scrap a cap on the franc sent the currency surging, hitting the banking sector in central and eastern Europe, where widespread mortgages denominated in francs suddenly became much harder to service.

Hedge Funds, Speculators Face Big Losses on Swiss Franc Rally

Currency speculators and global macro hedge funds with large short positions in the Swiss franc are staring massive losses in the face after the Swiss National Bank shocked markets on Thursday by removing a three-year-old cap on the currency.

The Swiss franc: global reserve or gourmet currency? - SWI.

As Russia considers dropping the dollar, could the Swiss franc become the worlds reserve currency?

Swiss mess could make oil plunge seem like minor hiccup.

One day, its gold. The next, its equities. Most days, its crude. On Wednesday, it was copper. On Thursday it was the Swiss franc and Swiss stocks. And the move in those two makes those others look like minor-league hiccups��.

Gold, Swiss Franc Fall After Swiss Referendum - Business.

TOKYO (Reuters) - Gold prices fell the most in more than three weeks and the Swiss franc dipped slightly on Monday after Swiss voters overwhelmingly rejected proposals to boost gold reserves in a referendum. The measure��.

Swiss Franc Shock Shuts Some FX Brokers; Regulators Investigate

Retail foreign exchange brokers from New Zealand to New York were nursing hefty losses from the Swiss National Banks shock move to abandon a cap on its currency, with some even being forced out of business.

From Watchmakers to Ski Resorts, Swiss Firms Hammered by Franc Surge

Switzerlands companies warned of a plunge in exports, tourist revenues and profits after the countrys central bank scrapped its cap on the Swiss franc, sending the currency soaring up to 30 percent and crushing their competitiveness in world markets.

Swiss Central Bank Tries Again to Weaken Franc

For the second time in two weeks, the Swiss National Bank tried to lower what it considers a massively overvalued franc, which it said threatens the economy.

Cost to Hedge Against Price Swings in Swiss Franc, Euro Soars

The cost to hedge against volatility in the Swiss franc over the coming month spiked to its highest in over three years on Thursday after the Swiss National Bank abandoned its three-year old currency cap.

Swiss Franc Trading Above Its MAs | Investing.com

Forex Analysis by GCI Financial covering:. Read GCI Financials Forex Analysis on Investing.com.

Euro Crashes Against Swiss Franc

The Swiss central bank has pulled the plug on the euro and the euro has dived across the board and crashed against the Swiss franc. The Swiss franc has exploded against all currencies up 13% against the dollar as I write. At one stage it was down.




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