The Swiss National Bank's move has destroyed its credibility, according to Anatole Kaletsky, co-founder and chief economist at Gavekal Dragonomics. He said the next move of the ECB's Mario Draghi will be critical, as people do not trust central bankers anymore.
The Swiss National Bank's surprise decision has impacted Eastern Europe -- and Poland and Austria especially -- says Timothy Ash, head of EM research at Standard Bank.
Jonathan Webb, head of FX strategy at Jefferies Bache, describes the Swiss National Bank's decision to drop its currency peg as extremely unprecedented.
The move by the Swiss on its currency is proof that something noisy happens when "meddling" by central banks ends, Jim Grant told CNBC.
European equities rallied after a volatile session of trade on Thursday to close sharply higher, following action from the Swiss National Bank.
The Swiss National Bank's latest decision comes at a "curious" time, just as the European Central Bank has its first meeting of the year where it's expected to announce a bond-buying scheme. Peter Rosenstreich, chief FX analyst at Swissquote Bank discusses the Swiss Franc currency.
The job of a central bank is to "lead you into battle" and then "change their plans," says Sebastien Galy, senior currency strategist at Societe Generale.
The Swiss National Bank's move to break the franc away from its set value against the euro stunned financial markets and has substantial real-world effects.
The reason for the Swiss decision: It was getting very expensive for the Swiss National Bank to defend that 1.20 level.
CNBC's Jim Cramer says the Swiss National Bank's abandonment of its currency cap on the euro could be a scary sign.
Dennis Gartman says the Swiss decision to abandon a key part of its monetary policy is the worst central bank move he's ever seen.
Following the shock move by the Swiss National Bank to drop its euro peg, Larry McDonald from Newedge USA says U.S. investors are "definitely focused" on the swiss franc.
The Swiss National Bank has scrapped the franc's peg to the euro. Jane Foley, senior currency strategist at Rabobank, shares her thoughts on the move which has shocked markets.
The Swiss National Bank has dropped its exchange rate cap with the euro and lowered its interest rate to -0.75 percent. Geoffrey Yu, FX strategist at UBS, gives his and the market's current reaction.
The Swiss National Bank took the world by surprise on Thursday by unpegging the Swiss franc from the euro. CNBC's Sara Eisen breaks down what happened.
The Swiss central bank kept its rates steady today. Thomas Jordan, Chairman of Swiss National Bank talked to CNBC, explaining its reasons.
If no one expected the Swiss vote forcing the central bank to hold more gold to succeed, why is gold tanking?
Blame gold's free fall on the Fed, but if a long-shot referendum passes it could be the Swiss National Bank that stops it.
Thomas Jordan, chairman of the Swiss National Bank, discusses the appreciation of the Swiss franc and explains why the minimum exchange rate remains "absolutely necessary" for Switzerland.
Switzerland's exchange rate peg against the euro remains "absolutely necessary", despite the upturn in the single currency, the head of the Swiss National Bank told CNBC.