SNB UNEXPECTEDLY GIVES UP CAP ON CHF; LOWERS DEPOSIT RATE.

I am sure those of you who follow the markets or have been watching the news have now seen the madness that occurred this morning; what a trading session!

GBPEUR hit a high today of 1.3093

EURUSD hit a low today of 1.1575

GBPCHF hit a low today of 1.1524

As you can see, GBPEUR is at a 6 year high, so for those of you looking to purchase Euros, now is a fantastic time to buy.