Swiss Franc Falls Ahead Of SNB Rate Decision
16 März 2017 - 5:25AM
RTTF2
At 4:30 am ET Thursday, the Swiss National Bank announces its
interest rate decision. The bank is forecast to hold the rate on
sight deposit at -0.75 percent and the target range for the
three-month Libor between -1.25 percent and -0.25 percent.
Ahead of the announcement, the Swiss franc fell against its
major rivals.
As 4:25 am ET, the Swiss franc was trading at 1.0722 against the
euro, 1.2272 against the pound, 0.9999 against the U.S. dollar and
113.33 against the yen.
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