SNB removes 1.20 cap and cut rates to -0,75%!
Wow, wow, wow! Is that surprise or what!? EUR/CHF fall to 1.0200, USD/CHF to 0.8400! Is this might be expected?
Edit: It seams that EUR/CHF is now at 1.0500, USD/CHF at 0.8800, but trading platforms are ‘dead’ and we must wait a while for the brokers and providers, to setle this mess. There is some reports who said that the EUR/CHF low was 0.8517!
SNB’s Jordan press conference at 12:15 (GMT). I don’t recomend trading at CHF pairs.