What the Swiss Franc Appreciation Means

Re:What the Swiss Franc Appreciation Means by fla on Sunday January 18, 2015 @07:06PM (#8909557)

Keeping the peg means buying more and more euros. It's not sustainable.

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Re:What the Swiss Franc Appreciation Means by tormeh on Sunday January 18, 2015 @08:49PM (#8909871)

It was. The Swiss central bank just had to print francs to sell for euros. It wasn't like the rest of the world didn't want those francs. Remember that this floor was about keeping the franc down.

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Re:What the Swiss Franc Appreciation Means by Fizzgig on Sunday January 18, 2015 @07:16PM (#8909591)

Exactly.

Europe announcing QE on the scale of the US markets lead directly the CHF moves.

My comment below that showed the media reporting of this is now "down-voted".

>>Out.

Funny. HN - the new Reddit.

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