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SNB steers rate on a steady course at -0.75%, USD/CHF refreshes monthly tops

  • The SNB kept the monetary policy steady in June.
  • USD/CHF renews monthly highs at 0.9129 on the SNB outcome.

The Swiss National Bank (SNB) board members kept the monetary policy settings unadjusted at their June quarter  monetary policy  assessment on Thursday.

The  SNB  kept the key sight deposit rate steady at -0.75% while maintaining the 3-Month Libor Target Range steady between -1.25% to -0.25%, as widely expected.

 

more to come ..

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