Franc Mixed Ahead Of SNB Decision
September 19 2018 - 11:25PM
RTTF2
At 3.30 am ET Thursday, the Swiss National Bank is scheduled to
release the outcome of its monetary policy meeting. The SNB is
expected to hold its interest rate on sight deposits at -0.75
percent and the target range for the three-month Libor between
-1.25 percent and -0.25 percent.
Ahead of the decision, the franc traded mixed against its major
counterparts. While the franc rose against the yen and the
greenback, it held steady against the euro and the pound.
The franc was worth 116.22 against the yen, 1.1297 against the
euro, 0.9660 against the greenback and 1.2723 against the pound as
of 3:25 am ET.
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