As expected, the Swiss National Bank kept the target range for the three-month Libor between -1.25 percent and -0.25 percent. After the announcement, the franc changed little against its major counterparts.

The franc was trading at 111.15 against the yen, 1.1315 against the euro, 1.3066 against the pound and 0.9927 against the greenback around 4:33 am ET.

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