by Henry Liu on March 10, 2010
8:00am NY Time CHF LIBOR Rate Forecast 0.25% Previous 0.25%
ACTION: n/a
SNB usually issues a target range of 1.00% on the 3-month short term Libor rate, or London Interbank Offered Rate, during this decision and the actual rate is the midpoint of the target, unless otherwise specified.
SNB is going to keep the 3-month libor rate at the current target level of 0.25%, as agreed by most analysts, and as a matter of fact, analysts agree that SNB will keep rates unchanged until mid 2010. As SNB is not in the habit of shocking the market, it is practically impossible for SNB to hike rates unexpectantly.
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by Henry Liu on December 9, 2009
3:30am SNB Libor Rate Decision Forecast 0.25% Previous 0.25%
ACTION: USD/CHF SELL 0.50%
SNB (Swiss National Bank) is likely to keep the 3-month libor rate at the current level of 0.25%, as surveyed by reuters today. As a matter of fact, most analysts agree that SNB is likely to keep rates unchanged until mid 2010. As SNB is not in the habit of surprising the market, it is practically 100% that SNB will keep rates at 0.25%; however, just in the event that SNB does hike rates, we will SELL USD/CHF immediately.
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by Henry Liu on September 16, 2009
8:00am (NY Time) CHF Libor Rate Decision Forecast 0.25% Previous 0.25%
ACTION: N/A
SNB (Swiss National Bank) is expected to leave the official Libor rate unchanged at 0.25%, as almost all of the economists surveyed by Bloomberg would agree. However, the real market mover may be the accompanied statement by the SNB governor Jean-Pierre Roth, who may intervene for the currency verbally yet again as SNB has done in the past.
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