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IPFS News Link • Currencies

A Huge Shift Is Happening In The Currency Market, Just In Time For The Folks Going To Davos

• Business Insider

Back in the crisis days, the euro plunged against the Swiss Franc, as everyone rushed their money into Switzerland, to escape the crumbling Eurozone.

Then the Swiss National Banc -- fretting about the strength of its own currency and the potential negative economic ramifications -- put a ceiling on Franc strength, and so the Euro didn't move against the Franc for a long time.

But now that fears are subsiding in Europe, we're seeing the opposite of the run on Europe, and a run back into Eurozone, as folks repatriate their cash back out of Switzerland.