Perspectives in 2016: financial markets may get worse before they get better

Posted on 06. Jan, 2016 by Jean Jacques Ohana in Weekly Focus

2015 was a year of discontinuities in many financial markets:

The drop of the EUR/CHF cap by the Swiss National Banks triggered an unprecedented rise of 13% of the Swiss Franc, the largest daily move of any G10 currency since the end of the Bretton Woods system in 1973.

The rise of 3% of EUR/USD and the [...]