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SNB left interest rates unchanged as expected

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Mar 17, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    Swiss National Bank (SNB) left sight deposit rate unchanged at -0.75% as expected. The 3-month labor upper target and lower target were left unchanged at -1.25% and -0.25% respectively.

    Key points

    Negative rates making franc less attractive

    CHF remains significantly overvalued

    SNB will remain active in currency market
    For more information, read our latest forex news.

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