Swiss Franc Mixed on Higher Inflation, Slumping Manufacturing

Apr 03,2019 15:16   Source:Earnforex
The Swiss franc was mixed midweek as the currency was data-dependent against some of its major rivals. Investors combed through numbers that found higher-than-expected inflation, lower-than-expected manufacturing activity, and commendable retail sales figures. According to the Swiss Federal Statistics Office (FSO), retail sales rose 0.3% in February, up from the previous month’s 0.1% decline. They also beat market forecasts of a 0.2% drop. However, a measurement of retail […]

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