USDCHF Falls A Massive 1867 Pips In Just A Few Hours Making History

This happened in January 2015 when SNB (Swiss National Bank) removed the EURO and Swiss Franc peg.

No one was expecting this announcement as Swiss National Bank had just announced a few weeks back it will keep the peg.

Read the post on my blog where I explain in detail what happened on that day and how the market freezed.

These type of flash crashes are becoming more and more common now a day.

The recent example is that of the British Pound Flash Crash.

No one knows what happened.

GBPUSD fell more than 1400 pips in 2 minutes.