Swiss Oct trade data now out 21 Nov

  • exports mm -1.8% vs -1.3% prev revised down from -0.9%
  • imports mm -1.1% vs -3.1% prev up from -3.2%
  • watch exports +9.3% (CHF 1.85bln), biggest gain in 4 years

Swiss watches heading your way again after a few months of less than impressive demand.

USDCHF currently 0.9925 going nowhere in a hurry. EURCHF 1.1655.

Yesterday I offered some thoughts on recent CHF moves