For all of you who thinks banks stock will go down because of this, you are missing the whole point. This is actually good news for the banks. Yes, risk taking will be limited. But the message from the Cyprus deal is that whatever the pain, banks will be kept afloat - even to the extremes of taxing savers. So, put yourself in bankers shoes. I think it is a good day for your risky assets.
This is the ultimate buying opportunity. Bubble ben bernanke will be here soon to save the markets, there is zero need to worry, as long as the printing press is printing worthless dollars there isnt a worry in the world.
wow, great price for SNB to buy some more euros ! it costs them nada, since thise CHF are printed out of thin air,LOL i tell you, without SNB operation EURUSD would be below parity