Latest Swiss inflation data now out

  • -0.1% prev
  • yy -1.3% vs -1.2% exp vs -1.4% prev
  • HICP mm -0.2% vs 0.0% exp vs -0.3% prev
  • yy -1.4% vs -1.1% exp vs -1.2%

Softer data will continue to give the SNB some concerns

USDCHF up to 0.9975 as EURUSD rally fails around 1.0900 and drops back to 1.0884