As expected, the Swiss National Bank kept the policy rate and interest on sight deposits at the SNB unchanged at -0.75 percent. The franc changed little against its major counterparts after the decision.

The franc was trading at 121.24 against the yen, 1.0904 against the euro, 1.2752 against the pound and 0.9126 against the greenback around 3:31 am ET.

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