CySEC regulated Orbex has released an infographic showing a timeline of the anatomy of the CHF shock of last month when the Swissy was depegged from the 1.20 Euro floor. The collapse of the EUR/CHF cap caused a massive appreciation spike in the Franc which disrupted the FX trading and investment industry looking towards the future.
Far and wide, from retail to institutional sectors the move by the Swiss National Bank to shock the market started out 2015 with a bang and massive volatility. So what is the history behind the move and what is next for the Swiss Franc and traders? View the graphic below, with some helpful reminders and tips through the eyes of CySEC regulated firm Orbex.