News Column

Franc Mixed Ahead Of Swiss CPI

August 6, 2014

BRUSSELS (Alliance News) - At 3:15 am ET Wednesday, the Swiss Federal Statistical Office is due to release its consumer prices report. Consumer prices are expected to decline 0.4% month-over-month in July following the 0.1% drop on June. Annually, consumer prices are estimated to remain stagnant, the same as in June. Ahead of the data, the franc showed mixed trading against the other major currencies. While the franc declined against the yen, it held steady against the greenback. Against the euro and the pound, the franc rose.

The franc was worth 0.9098 against the greenback, 1.5340 against the pound, 112.65 against the yen and 1.2156 against the euro as of 3:10 am ET.

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Source: Alliance News

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