Latest data released by KOF Swiss Economic Institute - 30 January 2019
- Prior 96.3; revised to 96.4
The data here measures the future trends of overall economic activity in the Swiss economy. A continued dip in the reading here as it falls to the weakest level since April 2015. That's not a good sign to start the year and will cause some worries for the SNB in the coming months as they reassess their outlook.
Low-tier data though, not one that will impact the swissie on the release here. USD/CHF sits at 0.9963 currently near the highs for the day as the dollar regains some composure - but still in a relatively narrow range.
