3 ms·
No, these moves are extremely rare. The last one was three years ago - the day of the peg. I still remember it because the seemingly unstoppable crawl of the pa
by crdb 12y ago
No, these moves are extremely rare. The last one was three years ago - the day of the peg. I still remember it because the seemingly unstoppable crawl of the pair did stop - with a giant jump.
The funnier story was how the SNB chairman's wife insider traded the move: http://www.bloomberg.com/news/2012-01-09/hildebrand-quits-as-swiss-national-bank-chief-after-wife-s-currency-trade.html http://www.bloomberg.com/news/2012-01-09/hildebrand-quits-as...
- fnordfnordfnord 12y ago>“I came to the conclusion that it’s not possible for me to deliver definite proof that my wife requested the currency transaction without my knowledge,” Hildebrand, 48, said.