Currencies Go Berserk On rumours Of Another Huge Move From The Swiss National Bank

There’s buzz out there that the Swiss National Bank is going to be hiking the Euro floor once again.

Supposedly at 1.25 vs. the Franc, up from 1.20.

Markets are going nuts.

The euro is rallying, the dollar is rallying, and the Franc is tanking.

More in a moment.

Here’s dollar-Franc from FinViz:

chart

NOW WATCH: Money & Markets videos

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.