SNB may leave interest rates unchanged

SNB may leave interest rates unchanged at 0.5% for 3-month Swiss franc Libor at its quarterly meeting on March 12, and also likely won't announce any market interventions, Commerzbank strategist Antje Praefcke says. "In order for the SNB to intervene, the EUR/CHF would probably have to fall below 1.45," she says. Doesn't rule out a move below that level "also because markets may just want to see whether the SNB will act," she notes. EUR/CHF currently at 1.4785.