Swiss National Bank market impact in pictures - As most of you are aware the Swiss National Bank rattled markets overnight, removing their 1.20 floor on the...

David Scutt

Stonex

Swiss National Bank market impact in pictures - As most of you are aware the Swiss National Bank rattled markets overnight, removing their 1.20 floor on the EURCHF exchange rate whilst cutting official interest rates to -0.75%. Plenty has been written about it. Yes, we know it's a pre-emptive move before the ECB likely embarks on QE next week and Greek elections on January 25. Without regurgitating the same material that has been seen countless times already I thought it would be better to portray the impact on Swiss markets in graphical form. Enjoy. (VIEW LINK)


David Scutt
David Scutt
Market Analyst
Stonex

David is a Director of Scutt Partners Pty Ltd and has successfully worked in the financial services markets over the past 12 years with both large and smaller banking groups. He has provided strategic financial analysis for currency and interest...

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