Latest Swiss trade data now out
- CHF +3.16bln prev revised up from +3.14bln
- exports mm -1.4% vs -3.3% prev revised down from -2.1%
- imports mm -8.0% vs +1.7% prev revised up from +0.2%
- swiss watch exports fall 5.6% yy in real terms to CHF 1.735bln
- gold exports rose to 218.2 tons
Strong franc still making its negative impact felt.
Looks like that secret stash off gold underneath Zurich airport being depleted too! ( One for all you conspiracy theorists)
USDCHF 1.1028 in retreat as EURUSD finds support
EURCHF 1.0993 underpinned still but failing above 1.1000 again so far
