BREAKING: USDCHF ticks up on lower-than-expected CPI in Switzerland

07:30 AM BST, Switzerland - Inflation Data for April:

CPI: actual 0.0% MoM; forecast 0.2% MoM; previous 0.0% MoM;
CPI: actual 0.0% YoY; previous 0.3% YoY;

The lower-than-expected reading puts further pressure on the Swiss frank, as SNB is only one cut away from zero lower bound with their policy rate.

Source: xStation5

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