Swiss Franc Is Tumbling, Retraces 60% Of SNB Move

Submitted by Tyler Durden on 02/18/2015 11:50 -0500

• Swiss Franc

inShare1

 

Is the SNB buying Euros to keep the mirage alive that Grexit is "managable"?

EURCHF is up dramatically in the last 2 days...

...retracing 60% of the Swiss Franc's valuation surge against the USD...

It appears they are losing the battle...

Charts: Bloomberg

Average: