Latest Swiss inflation data now out

  • +0.1% prev
  • yy -1.4% as exp/prev
  • HICP mm 0.0% vs +0.4% prev
  • yy -1.2% as prev

A small and welcome upturn in the headline mm reading but not going to change the bigger picture for SNB just yet

USDCHF 0.9965 off session highs but EURCHF back up to 1.0820