Open trading account 
In a shock move the Swiss National Bank abandoned the 1.2000 floor today. The EUR/CHF crashed from 1.2000 to below 1.0000 within minutes of the announcement. Because I think the moves in the Swiss Franc may be overdone, I decided to play this with the EUR/USD. The SNB move will remove buying pressure from the Euro. We will no longer have a central bank buying up Euro denominated assets in an attempt to keep the 1.2000 floor. In addition to this, the rumblings about more QE on the European side g…
