The latest Swiss CPI figures reported mixed for April as the benchmark year-on-year inflation rate missed estimates, but the month-on-month rate reported in-line with estimates. Year-on-year inflation reported at 0.0 percent, and missing estimates calling for a print of 0.1 percent. The month-on-month inflation reported in-line at 0.1 percent, lower from 0.4 percent reported in March.
The Swiss Franc was little-changed following the release, but ahead of the release had strengthened against the US Dollar in overnight trade.
DailyFX Strategist Jamie Saettele says USDCHF week open is a possible reaction level at 0.8767.