Swiss Franc gains its strength after SNB meeting

Source: Financial Times
In the line with the gains of the Pound, the Swiss Franc also showed some improvement. The Swiss National Bank decided to keep its floor of 1.20 francs a euro and gave word to defend the currency from any threats that may result in deflation. The SNB also kept its target for the interest rate range as the bank gathered for a meeting on Thursday, among the speculation on the bank enacting negative deposit rates. The EUR/CHF pair traded at 1.2062.

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