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Switzerland: CPI flat in July, as expected

FXStreet (Łódź) - On an annual basis Swiss inflation was unchanged in July after staying flat in June, the Swiss Federal Statistical Office informed on Wednesday. This result is in line with consensus.

Month-on-month CPI dropped 0.4%, down from the 0.1% decline, as predicted.

EUR/GBP is a whipping boy

EUR/GBP is creeping closer to the by far the most important support of 0.7910/00, though it might prove to be a hard nut to crack for EUR/GBP bears.
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USD/CHF retreats after Swiss CPI

The USD/CHF came under mild pressure and pulled back from daily highs following in line with expectations inflation figures.
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