With 63% of Swiss exports headed to the European Union, the SNB has particularly targeted the EURCHF exchange rate, aiming to preserve the 1.50 as the line in the sand.
USDCHF traded at 0.7369, EURCHF traded at 1.0497 as the Swiss Franc weakened on speculation the SNB may take action to control Franc strength, USDJPY traded at 77.23 highs.