EUR/CHF stabilises as FX brokers reassure investors
Financial markets left in shock by Swiss central bank's decision
The euro lost nearly 30% of its value against the Swiss franc, hitting a historic low of 0.85 on January 15, before stabilising just above parity, as currency markets were plunged into chaos by the Swiss National Bank's (SNB) decision to remove its 1.20 currency floor.
Among those affected, retail brokers have been scrambling to reassure investors they are fully operational, following news that FX broker Alpari entered into insolvency on January 16 as a result of the currency swing in the Swiss
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