Better than expected but not a game changer and with a downward revision from 1.28 prev
USDCHF still 0.8958
EURCHF 1.2258
UBS Consumption Indicator 23 Dec
The indicator is calculated on the basis of 5 sub-indicators: new car registrations, business activity in the retail sector,o/n stays in hotels by Swiss residents, consumer sentiment and credit card transactions via UBS at points of sale in Switzerland
