It was interesting to note that the GBP / CHF has reached its lowest point at night (1.5126) after the publication of the minutes of the Open Market Committee, which again confirms the view that the QE is scheduled for the November meeting of the FOMC. Cross serves as an interesting visual illustration of the landscape changes under the influence of the financial crisis. During the 2005-06 cross trading in the range of 10%, that is, with minimal volatility. Since then, volatility has doubled, becoming the standard measure, so that the cross is a good example of currencies, which once were close to interchangeable, and are now trading much more independently. For the pair USD / CHF this has led to a brief fall below the range of 0.9550 to the night that has become a new minimum in the history of free-floating exchange rate.
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