Newsom on the Market
Darin Newsom DTN Senior Analyst
Fri Jan 23, 2015 09:51 AM CST

Recent activity in global currencies sent shockwaves across other market sectors. Just as every action has an equal and opposite reaction, every coin has two sides. When we discuss the goings on in the euro and U.S. dollar index, both "rules" come into play.

From a headline-following point of view, things got more interesting with the move by the Swiss National Bank (SNB) to break the link between the Swiss franc (CHF) and the euro on Jan. 15. Currency markets imploded, with the CHF first posting a low not seen since 2010 before rallying to levels last visited in 2011. ...

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