The Fall Of EUR/CHF – How Huge Losses Might Have Been Avoided
August 20, 2015 at 05:45 AM EDT
Following last January's Swiss National Bank announcement ending protection of the EUR/CHF 1.20 floor, the pair fell by over 30%. If you had held a 100,000 EUR/CHF buy position at 1.20, you would have lost 30k euros in a matter of seconds