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samking73
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>Market Chaos as Swiss Franc Surges 30% In 13 Minutes, Gold Rises Sharply - Mark O'Byrne - gold.ie
Am I missing something here? The title and also the article in general says the franc surges up. But a few sentences in to It then says "the franc 'collapsed' by 30%". What?

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Beginning of the headline :Chaos was seen in financial markets today as participants were thrown a curveball when Switzerland surprised the world by removing its three-year cap on the Swiss franc, unpegging it from the euro. This sent the undervalued currency soaring and Europe’s shares and bond yields tumbling.In just 13 minutes, from 0930 to 0952 BST, the franc collapsed by 30%. Swiss shares fell more than 12% – their largest crash since 1987. Stock markets around Europe fell with investors buying “safe haven” assets su... Read More
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