20.09.11

Swiss Whispers!

Up until about 45 mins ago it was groundhog day for the Swiss franc versus its peers but then it all changed. The Swiss currency plunged again today in the wake of rumours that the SNB will expand its EUR/CHF peg to 1.25 tomorrow. Hope no one was on the wrong side of that move!! GBP/CHF shot over the 1.40 handle.

Categories: General news, currency.