Bloomberg |
SNB Officials Eating Words Risk Lasting Investor Indigestion
Bloomberg Switzerland's central bank officials have just eaten their words, risking lingering indigestion in financial markets. Just three days after Swiss National Bank (SNBN) Vice President Jean-Pierre Danthine called the franc cap a “pillar” of monetary policy, the SNB … Euro floored as SNB decision puts spotlight on ECB, franc surges Hedge funds, speculators face big losses on Swiss franc rally Rolexes Just Got More Expensive — Or, You Can't Keep a Good Currency Down |