Credit Suisse ZEW report for May

Stronger reading will be welcome news for the SNB

The Zentrum fur Europaische Wirtschaftsforschung (ZEW) Economic Expectations Index rates the relative six-month economic outlook for Switzerland. On the index, a level above zero indicates optimism, below indicates pessimism.

USDCHF 0.9924 and EURCHF both a bit higher finding demand into 0.9900 and 1.1050