Algo traders worsened the Swiss Franc crisis of January 15, 2015: BoE study LeapRate

February 20, 2018 BY LeapRate Staff

Algo traders worsened the Swiss Franc crisis of January 15, 2015: BoE study

Clearly, the most seminal moment of the past five years in the Forex trading industry was January 15, 2015. Often still referred to in currency trading circles as Black Thursday, 15/01/2015 was the day that the Swiss National Bank decided to surprise the markets by stating that it would no longer support the Euro against…

January 15, 2015 BY Mike Fox

The Swiss National Bank drops EUR/CHF floor policy, cross plunges 28% - OFFICIAL STATEMENT INSIDE

As the Swiss Franc true market value is being unleashed after the 1.20 euro peg dropped, spreads are whipsawing from liquidity providers anywhere from 50-100 pips in volatile trade

January 06, 2014 BY Gerald Segal

Swiss National Bank to report 9 CHF billion loss on FX reserves for 2013

The sharp drop in gold prices is to blame for the underperformance of the bank’s FX portfolio last year The Swiss National Bank (SNB) has released a press release detailing that preliminary calculations are pointing to a massive loss on its FX reserves portfolio in 2013. The result comes as the bank has lost close to CHF…

Tag: Swiss Franc currency peg