Swiss Franc Euro Peg Decoupling Fallout
Summary
- On January 15th, a surprise decoupling from the Euro peg caused the CHF (Swiss Franc) to rally up to 23% almost overnight. What will be the fall out?
- The Euro Peg; The Swiss Decoupling; Why?
- A Belgian Dentist's Carry Trade.
- Swiss Cheesed Borrowers.
- The FX Mismatch.
On January 15th, a surprise decoupling from the Euro peg caused the CHF (Swiss Franc) to rally up to 23% almost overnight. What will be the fallout.
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This missive was published as an exclusive to Seeking Alpha. To access the entire text for FREE on Seeking Alpha, please click here. The Nattering One does not receive remuneration if you register, only satisfaction.
There is no cost involved and it has been our experience that if you exert control (by unchecking a box of two) over your communications settings in your Seeking Alpha profile, your email inbox will not be polluted with one bit of Spam (not even the cured pork shoulder variety. Tasty even.)
As we are now a "contributor" at Seeking Alpha, our published articles, instablog and comments can be found here. Please continue to follow The Nattering Naybob here and at Seeking Alpha. We thank you for your support.
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