Tag: swiss franc spike

May 05, 2016 BY Maria Nikolova

FXCM repays $7.7 million to Leucadia in Q1 2016

Leucadia National Corp. (NYSE:LUK), which extended a $300 million loan to FXCM Inc (NYSE:FXCM) in January 2015, following the “Black Thursday” events associated with the Swiss franc spike, has posted its report for the first quarter of 2016, with the document providing an update on the status of the loan repayment and Leucadia's investment in the…

Read more
January 15, 2016 BY LeapRate Staff

Hantec Markets on the Swiss Franc Black Swan event, one year later

The following is a special guest post by FCA-regulated Forex and CFD broker Hantec Markets, on the one-year anniversary of last year's surprise Swiss Franc spike. [divide] Black Swanniversary For a while, the export driven economy of Switzerland has been hamstrung by the strength of the Swiss franc as its major trading partner, the Eurozone,…

Read more