Swiss Franc Plummets – Here’s What Caused the Haven Currency’s Mini ‘Flash Crash’

On Monday during the Tokyo session the Swiss franc (CHF) was aggressively sold. The USD/CHF pair for instance touched the 1.0106 level. This was a high that the pair last reached in November last year. On the other hand the Euro/Swiss Franc (EUR/CHF) pair touched the 1.1422 mark. Against the Japanese yen the franc fell to 108.80 while against the sterling pound it touched the 1.3056 level. Swiss Franc Rises Sharply Then Fills Gap, Breaking its Average Trading Range But within a matter of minutes the sharp moves were reversed. For the USDCHF it resulted in a trading range of

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SpaceX Layoffs Were Caused by ‘Absolutely Insane’ Projects, Admits Elon Musk

There aren’t many CEOs who can blame company layoffs on interplanetary space crafts and Space-based Internet. But then, there aren’t many CEOs like Elon Musk. During an investor call for Tesla on Wednesday, Musk argued that the SpaceX layoffs were completely different and due to his company’s ‘absolutely insane’ projects. SpaceX documentary actual footage pic.twitter.com/RrEwYwMNgj — Elon Musk (@elonmusk) January 28, 2019 Insane or intrepid, no one likes losing their job. Come to think of it, no one likes hearing that to keep their job, they must work relentlessly and say goodbye to their work-life balance either. Musk may be

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