SNB holds target range for 3 month swiss franc libor unchanged at 0.00-0.75%, Continues to aim for 0.25%
To counter excessive rise in swiss franc vs euro decisively.
Just ahead of announcement was getting reports SNB had been bidding 1.4605 on EUR/CHF and raised their bid to 1.4612. I take it’s on the EBS platform. We sit presently at 1.4615.
