Market Moving News: USD/CHF - Mar 14

14 March 2010 @ 09:05 am EDT

Usd/chf - 1.0705 ... SNB kept interest rate unchanged at 0.25% as widely expected. SNB expected 2010 GDP growth at around 1.5% versus prev. forecast of 0.5-1.0% n estimated 2010 inflation at 0.7% against prev. expectation of 0.5%. U.S. dollar bounced briefly after the data, however, trading is subdued as investors are focusing on the release of U.S. jobless claims data at 13:30GMT.

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