The Aftermath – What Happened With The HUGE Trading Losses (and what you should do now)
About two weeks ago, Switzerland surprised the markets by removing its exchange rate floor of 1.20 on the EURCHF. As a result, the Swiss Franc’s (CHF) value instantly shot up by as much as 39%, sending the EURCHF pair over a 1000 pips straight down. As a result, FXCM, the largest U.S. retail foreign-exchange broker,…