Thursday, January 22, 2015

Abrupt moves leave global investors feeling betrayed





Not only have the Indian, Danish and now Canadian central banks surprised with interest rate cuts, the Swiss National Bank confounded expectations last week by abandoning its vow to cap the value of the franc against the euro just days after calling the peg a "cornerstone" of Swiss monetary policy.









via South China Morning Post - Business feed http://ift.tt/1yRHBtw

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