David Cooper#62

查看翻譯

What was the 2015 Swiss franc shock and its impact on traders?

On January 15, 2015, the Swiss National Bank (SNB) unexpectedly removed the EUR/CHF floor of 1.20, causing CHF to surge 30% within minutes. Many brokers, hedge funds, and retail traders went bankrupt due to extreme losses. Institutions realized the risks of relying on central bank commitments. Retail traders learned the danger of overleveraging and assuming pegs are permanent. Benefits: awareness of tail risk. Risks: sudden policy shifts can wipe out positions regardless of strategy. The CHF shock remains one of forex’s most dramatic lessons—survival requires managing what seems impossible.