Today USDCHF fell 1867 pips in just one day when the Swiss National Bank (SNB) announced that it was scraping its minimum exchange rate policy. SNB had fixed CHF exchange rate 1.20 franc per euro and just a month ago was saying the it will defend this rate with utmost determination. As you can see… Continue reading USDCHF Falls Massively As Swiss National Bank Scraps Its Minimum Exchange Rate Policy