By unpegging the franc rate, the Swiss National Bank caused an explosion on the curreny market. Stabilization can take several months, so the current Swiss should continue to fluctuate.
On Thursday, January 15, 2015, the Swiss National Bank abolished the minimum euro rate at 1.20 franc. This came as a great surprise to investors and resulted in high volatility on the financial markets, especially on the currency market.
Piotr Lonczak, Cinkciarz.pl analyst