Latest data released by UBS AG - 31 January 2018
- Prior 1.67; revised to 1.73
Data was scheduled to be released at 0700 GMT, but it's been released earlier than expected - according to Reuters.
The indicator is a signal of private consumption trends in the Swiss economy. It is derived from six consumer-related parameters: new car registrations, business activity in the retail sector, the number of domestic overnight hotel stays by Swiss residents, the consumer sentiment index, employment figures and credit card transactions made via UBS at points of sale in Switzerland.
A minor data point really. USD/CHF now at 0.9321 near session lows as the dollar selling continues on the day. Meanwhile, EUR/CHF is still pivoting around the 1.1600 level - which surely is not something the SNB would welcome.
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