USDCHF surprised many traders in January. USDCHF went down around 1,800 pips in just under 1 minute when the Swiss National Bank (SNB) unpegged Swiss Franc from EURO. Many big brokers got bankrupt on that decision. Many traders found their accounts blown up. However, this time the surprise was not that big. It was only… Continue reading USDCHF Shoots Up 200 Pips On Swiss National Bank Decision!
Tag: swiss franc
Swiss Franc CHF Is The Gold’s Alternative
Gold is considered to be a hedge against inflation. Gold prices right now hovering around $1,300 level. Whenever there is a crisis anywhere in the world, investors all across the globe rush towards gold. But owning gold physically is not easy. In this Forbes article, Clem Chambers argues that the Swiss Franc can be a… Continue reading Swiss Franc CHF Is The Gold’s Alternative