Thursday May 28, 2020

Swiss roll the dice on economic future

18th January, 2015

Currency trading is not for the faint hearted even at the best of times. At the end of last week, most currency traders are probably a year closer to their first heart attack. Switzerland’s Central Bank removed the currency ceiling against the euro it instituted during the euro crisis and cut its base interest rate to -0.75 per cent in order to avoid deflation.

Now not only is the currency going wild on...

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