Traders Testing the SNB’s Resolve as EUR/CHF Falls

The Swiss National Bank met to make monetary policy decisions during the 9/18 European session. As expected, the SNB kept its libor rate in the 0.0 band. the SNB noted deteriorating economic conditions domestic and abroad, lower inflation expectations, and the fact that the “Swiss franc is…

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Traders Testing the SNB’s Resolve as EUR/CHF Falls