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Its called a tsunami move. The swiss bank stunning markets overnight scrapping the peg against the euro sending its currency soaring up 10 against the dollar now, but it was up as much as 30 right after that announce. Check this out. Gold moves on the swiss move this morning. The last trade on the gold market is up 28. 5 on the trading session. Sarah eisen is following the story for us here with the move that stunned markets all the way around the world. Shocking policy uturn. This is what happened. The peg, were talking about, was put in place three and a half years ago to keep the swiss frank from being too strong hurting exports, a key part of the economy. This goes back to the european debt crisis three and a half years ago when people just could not get enough of the swiss franc. What they did, they got rid of it today. Why . It was becoming very costly. It was reeking havoc on the Balance Sheet of the central bank, building up more than 500 franc in reserves defending the line in

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