| 16.01.2015 - Commodities traders' costs soar with Swiss franc's leap |
| A dramatic rise in the value of the Swiss franc sent costs soaring for the country's commodity trading houses on Thursday, adding to pressures from tax and regulatory uncertainty that has already pushed many abroad. The Swiss National Bank shocked financial markets on Thursday by scrapping a three-year-old cap on the franc, sending the safe-haven currency soaring against the euro and stocks plunging...............................................Full Article: Source |