Reply To: Swiss franc “soars by up to 30%” today (Jan 15)

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Well I guess the SNB had little leeway ahead of the expected ECB actions next week. That said, as someone based in Switzerland and selling in foreign currencies, it hurts badly! I am however somewhat confident the GBPCHF and the USDCHF will almost go back to normal by the end of the month… So the airlines’ struggle should only be temporary.

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