The Swiss National Bank is ramping up its market interventions to weaken the Swiss franc, data on Monday indicated, as it so far shies away from additional interest rate cuts to check the currency’s coronavirus-driven surge. Total sight deposits - a proxy for central bank interventions - increased to 598.5 billion Swiss francs ($645 billion) last week from 595.8 billion francs a week earlier. The increase followed a 3.5 billion franc rise in the week before. The interventions come after the franc has hit its highest levels against the euro EURCHF= in four and-a-half years, and reached its peak against the dollar CHF= ... (full story)