The SNB kept its target band for the 3-month Swiss franc LIBOR at 0.00-0.75%. The central bank also revised upwards its real GDP growth forecast for 2010 to 1.5% from the 0.5%-1% expansion predicted in December. The number of Americans filing first-time claims for state unemployment benefits fell to 462,000 from 468,000 the previous week. The US trade deficit unexpectedly narrowed to USD 37.29 bn in January from USD 39.90 bn in December 2009, with imports down 1.7% and exports down 0.3%.