Thursday May 28, 2020

Swiss roll the dice on economic future

18th January, 2015
2

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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