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USD/CHF: Swiss Franc Falls on Lower than Expected June Inflation in Switzerland

USD/CHF: Swiss Franc Falls on Lower than Expected June Inflation in Switzerland
USDCHF jumped in European trading on Monday, as inflation in Switzerland fell significantly in June, increasing pressure on franc. Swiss CPI dropped to 1.7% from 2.2% in May and below 1.8% forecast, returning to the SNB’s 0%-2% target zone for the first time since January 2022. Lower inflation made the Swiss franc less attractive, although […] The post USD/CHF: Swiss Franc Falls on Lower than Expected June Inflation in Switzerland appeared first on Action Forex... Read More
Posted: Jul 3 2023, 11:56
Author Name: actionforex
Views: 110552

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