Franc Falls Ahead Of SNB Rate Decision
14 Settembre 2017 - 5:25AM
RTTF2
The Swiss National Bank is set to publish the outcome of its
monetary policy meeting at 3:30 am ET Thursday. The bank is
expected to hold the 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 data, the Swiss franc fell against its major
rivals.
As of 3:25 am ET, the Swiss franc was trading at 1.1469 against
the euro, 1.2749 against the pound, 0.9646 against the U.S. dollar
and 114.48 against the yen.
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