Latest Swiss govt forecasts now out

  • 2015 inflation -1.1% as prev
  • 2016 GDP +1.5% as prev
  • 2016 inflation -0.1% vs +0.1% prev
  • 2017 GDP +1.9%
  • 2017 inflation +0.2%

Still seeing low/negative inflation into next year

USDCHF 0.9952 EURCHF back above 1.0800 after the post FOMC dip which also saw USDCHF fall. SNB can never be ruled out on these moves lower as I keep highlighting