Swiss franc

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Apples and oranges: the comparison with “US poverty levels” is risible; one economy is at full employment, the other is not even close. Photograph: Thinkstock

The inequality debate is possibly one of the worst instances of statistical abuse since Pythagoras. The most recent outbreak saw commentators – who re(...)

Swiss National Bank’s decision to end the Swiss franc’s peg with the euro has resulted in the euro falling as much as 41 per cent against the franc.  Photograph: Thomas Hodel/Reuters

Last November, I reported on a French survey that found nine out of 10 foreign exchange traders lost money, and cautioned that leveraged trading is al(...)

A man looks at a board showing currency exchange rates in Bern

The Swiss franc soared against the euro Thursday after the nation’s central bank stunned markets by abandoning a ceiling it put in place more than (...)