The Swiss National Bank looked to be stepping up its interventions in the foreign exchange market to stem the rise of the Swiss franc triggered by the coronavirus epidemic, data on Monday indicated. Total sight deposits, the money commercial banks park with the SNB overnight, rose to 595.764 billion Swiss francs ($619.17 billion) last week from 592.255 billion francs in the week before. The 3.5 billion franc increase came as the Swiss franc rose last week to its highest level against the euro EURCHF= in four a half years as fears about the coronavirus spread drove investors into safe-haven assets. Deposits had risen ... (full story)