Did the Swiss Franc Just Light A Crisis Fuse?
Financial World In Shock
London, UK - 15th January 2015, 23:59 GMT
As the value of a euro plunges significantly against a Swiss franc, we are on the cusp of a major financial event.
World central bankers have now been put on deflation alert as interest rates have been moved to -0.75% by the Swiss central bank. In the annals of financial history 15th January 2015 will go down as monumentally significant.
ATCA 5000 already indicated in early January 2015 that this year is going to be extremely turbulent. Note, “Why’s the Oil Price Collapsing? Answer: $8+ Trillion Carry Trade" and ”Amber Alert: Emerging Markets Financial Crisis?”
The formidable Swiss franc made a massive, unprecedented and epochal move in terms of foreign exchange markets, ranging from 15% to 30% swings in a single day, as though it was an insignificant currency without the decorum of a hard, reliable and solid asset which normally only moves by a few percent a day when in the midst of a monumental shift.
Read the full briefing at ATCA 5000.com
What are your thoughts, observations and views? We are keen to listen and to learn.
D K Matai
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