Talking Points:
- EURCHF falls as much as 40% after SNB removes floor.
- Consequences for EURUSD thanks to ECB? Many, indeed.
- See the DailyFX Economic Calendar for Thursday, January 15, 2015.
The SNB's decision to remove the EURCHF Sf1.2000 floor is a monumental development for FX markets.
See the above video for technical considerations in EURUSD and EURGBP.
Read more: Momentum Gathering Pace in EUR-crosses - Watch EUR/USD 5-EMA
--- Written by Christopher Vecchio, Currency Strategist
To contact Christopher Vecchio, e-mail cvecchio@dailyfx.com
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