Reuters poll has SNB leaving benchmark rates unchanged through 2016

Latest Reuters poll of 34 economists now published

• 33 expect SNB to keep rates on hold at 17 Sept meeting with target range for 3 month Swiss LIBOR still -0.25 to -1.25%
• median results from the poll, conducted this week, suggest the SNB will leave rates unchanged until the end of next year
• recent weakening of CHF cited . Has reduced pressure on the SNB to act

But they've been acting anyway huh? "Smoothing" at various times in recent months

The poll also asked the question of where the SNB might have their defence of EURCHF. The median result from 10 replies was 1.0300.

Seems to me that 1.0400 was already the line in the sand given their stout defence previously this year, which I pointed out in the order board posts at the time, and the subsequent rally