Franc Falls Vs Most Majors Ahead Of SNB Decision
June 12 2019 - 11:27PM
RTTF2
At 3.30 am ET Thursday, Swiss National Bank announces its
decision on rates. The bank is expected to hold its interest 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
rivals. While the franc rose against the pound, it declined against
the euro, yen and the greenback.
The franc was worth 108.86 against the yen, 1.1238 against the
euro, 0.9947 against the greenback and 1.2603 against the pound as
of 3:25 am ET.
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