How long will it be before the Swiss say "uncle" due to the surging franc - now hitting all-time...

|By:, SA News Editor

How long will it be before the Swiss say "uncle" due to the surging franc - now hitting all-time highs vs. the euro and the dollar on a nearly daily basis. UBS has seen earnings fall and is cutting jobs, and domestic consumption is dropping as the Swiss cross the border to do their shopping. FXF +30% Y/Y.