Friday, January 16, 2015

#SNB removed the cap on #Franc as the #ECB was planning for the next round of #QE which would have increased the cost of maintaining the cap against the Euro. Also as Euro depreciated against the #dollar, Franc continued to drop against the dollar

SNB removed the cap on Franc as the ECB was planning for the next round of QE which would have increased the cost of maintaining the cap against the Euro. Also as Euro depreciated against the dollar, Franc continued to drop against the dollar
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