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Forex Trading news: CHF CPI Released

Posted by Mr. Danish FX on Thu, 07/31/2008 - 12:47am in

The CHF CPI m/m comes out at -0.4 from the previous 0.2% and y/y 3.1% from 3.0%. This was forecast for a drop to -0.5%. The y/y release is the highest since November of 1993 while the m/m is the lowest reading in over a year.

The CHF was dragged down slightly across the board after this weak CPI data.