Thanks This one is more detailed, found it a minute ago.
http://www.economist.com/blogs/economist-explains/2015/01/economist-explains-13Basics.. Francs value was pushed up by investors seeking a safe haven from volatility
Franc pegged to euro by quantitative easing to stop rise.
Extra Francs used to buy Euros for foreign reserves. (helping to prop it up a little I suspect)
Political panic about hyperinflation and proposed QE of the Euro leads to decision to stop...