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Franc Retreats After SNB Rate Decision

The Swiss National Bank maintained 3-month Libor Target Range At -1.25 percent to -0.25 percent, as expected.

After the data, the Swiss franc retreated from recent highs against its major rivals.

As of 3:31 am ET, the Swiss franc was trading at 1.1468 against the euro, 1.2743 against the pound, 0.9639 against the U.S. dollar and 114.52 against the yen.

The material has been provided by InstaForex Company – www.instaforex.com