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Pin_Point_Signal_Service
Sep 14, 2017 8:22 PM

What happend in UK in 1974 ? 

BRITISH POUND / SWISS FRANCICE

Description

What happend back in November 1974 in UK.. Pound made 65k move against Swiss :O
Comments
yusari22
Any idea? just saw this when doing my analysis. Q. Google and came across this.
officialpro4ex
I TOO WONDER! did not find any news for that day.
NoahXBorg
I'm trying to figure it out as well, that is one of the biggest moves I've seen yet. Unfortunately, there isn't much to research as news on it is probably ancient. I did a little research and only found it connected to oil. Links below:

imf.org/external/pubs/ft/ar/archive/pdf/ar1974.pdf
nytimes.com/1974/12/10/archives/swiss-bankers-split-on-efficiency-of-measures-to-defend-the-franc.html
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