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

by DailyBriefers
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  • 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.

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