SNB's continuing resolve drives creativity among Swissie traders
The decision by the Swiss National Bank (SNB) to impose a floor of 1.20 on EUR/CHF in September 2011 to stem the damaging strength of the Swiss franc was arguably the biggest risk event in the foreign exchange market last year, causing all market participants to rethink the way in which they trade the Swiss currency. One year on, the floor remains in place and traders continue to seek new ways to profit from a currency that has been marked by numb volatility this year.
The SNB has remained true
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