AUTOREFRESH 
SNB rate decision awaited
By Gerry Davies || March 11, 2010 at 10:34 GMT
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Swiss National Bank due to announce rate decision at 13;00 GMT. It’s not really the rate decision which is awaited if truth be told. There is a strong consensus rates will be left on hold at 0.25%. Rather the market will be watching for any change in rhetoric regarding swissy strength. At December’s meeting SNB said it was choosing to prevent “excessive appreciation” as opposed to previous “any appreciation.”
Any further percieved, or actual, softening in tone would likely see 1.4600 in EUR/CHF give out in double-quick time.
Have a dry weekend all 
1.46 is tolerable but not below 1.459 pls…:(
just wonder when will this pair change naturally its trend….. Must be difficult for snb to fight against strengthning of it’s currency..