Back
15 Jan 2015
SNB ends EUR/CHF floor, CHF skyrockets - ANZ
FXStreet (Guatemala) - Analysts at ANZ noted the recent recents surrounding the SNB's actions.
Key Quotes:
"The SNB announced the end of the EUR/CHF floor at 1.20."
"The SNB simultaneously moved interest rates more negative with 3m Libor target now -1.25% to -0.25%."
"The SNB said it will continue to take account of the exchange rate in formulating monetary policy."
Key Quotes:
"The SNB announced the end of the EUR/CHF floor at 1.20."
"The SNB simultaneously moved interest rates more negative with 3m Libor target now -1.25% to -0.25%."
"The SNB said it will continue to take account of the exchange rate in formulating monetary policy."