Why the end of the Swiss ceiling? | FT Markets
- 5 years ago
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The Swiss franc leapt 28 per cent after the Swiss National Bank removed its currency ceiling of SFr 1.20. Michael Mackenzie, markets editor, and FT Alphaville’s Izabella Kaminska discuss why the reason for the SNB action and its implications for the FX market and eurozone QE.
► FT Markets: http://bit.ly/1J5HNd3
► FT Global Economy: http://bit.ly/1J5mmqH
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The Swiss franc leapt 28 per cent after the Swiss National Bank removed its currency ceiling of SFr 1.20. Michael Mackenzie, markets editor, and FT Alphaville’s Izabella Kaminska discuss why the reason for the SNB action and its implications for the FX market and eurozone QE.
► FT Markets: http://bit.ly/1J5HNd3
► FT Global Economy: http://bit.ly/1J5mmqH
For more video content from the Financial Times, visit http://www.FT.com/video
Twitter https://twitter.com/ftvideo
Facebook https://www.facebook.com/financialtimes