The Swiss franc tumbles to its lowest level in 2 years after SNB chief Thomas Jordan says a...


The Swiss franc tumbles to its lowest level in 2 years after SNB chief Thomas Jordan says a raising of the 1.20 euro/franc floor and/or negative interset rates are among the steps the bank could take. The swissie (FXF) is off 0.4% vs. the greenback, but more importantly down 0.7% vs. the euro to CHF 1.2606 - the 1.20 floor seemingly miles away. No crisis here.
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