Swiss reports on Interest Rates were released just a few minutes ago. The Swiss National Bank announced that Libor Rate (London Interbank offered Rate) remained at the same level at 0.25%. Unchanged for three consecutive months, SNB is aiming to maintain Interest Rates at its lowest possible point; around 0.25%.
Swiss Franc has been appreciating against major currencies such as the U.S Dollar and the Euro. USD/CHF is currently trading at 0.8505, while EUR/CHF is trading at 1.2036. Euro weakened against the Franc after conference by Jean-Pierre Danthine, as the Franc jumped from 1.2040 to 1.2020; but then edging back up to 1.2037 EUR/CHF
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