Dancing on the ceiling Switzerland’s central bank stunned markets in one of the most dramatic currency interventions in decades as it unexpectedly abandoned a ceiling put in place more than three years ago, sending the franc soaring against the euro.

Source: www.ft.com

Backstabbing or front-stabbing the euro and the EU? In anyways, it is still stabbing.

See on Scoop.itPublic-Private Duality, Economic Crisis, and New Financial Trends


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