Making sense of the SNB decision

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The "Swiss Shocker" is definitely one of the biggest black swan events in the currency markets in recent times. The Franc, considered to be a safe haven, further cemented its position as the "go-to" currency in terms of playing it safe. Traders often made use of the CHF currency, especially the EURCHF and USDCHF as a way to hedge risks on other currencies. However, that status as a "safe bet" has ...

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