Currency Traders. Swiss Franc Spiked Upward Today

I no longer follow currencies, but just out of curiosity, what did that do to their stocks? Generally, when currencies rise, stocks fall because things become more expensive. That's not to say that this is a given, but it is common for it to play out that way. Also, generally, when currencies spike, someone is expecting something to happen politically or from their country's monetary chief. None of this could be true, or all of it could be true. Time will tell. Doesn't the Euro have a cap on it versus the franc or other currencies? (Thinking out loud.)
 
This didn't benefit everyone. Two brokerages went out of business.

http://www.csmonitor.com/Business/L...he-most-in-decades-hit-firms-around-the-world

Apparently during the European financial crisis of 2011 the Swiss Bank tried "protecting" the Franc with floor or minimum value.

http://www.cityam.com/207214/swiss-national-bank-shock-what-does-it-all-mean

To me with the Euro there are too many ways you could lose money. Individual currencies you would think could help stop a massive swing in market prices/trading.
 

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