The Swiss franc traded mixed, rising against the US dollar but falling versus the euro, following the release of Switzerland’s Producer Price Index.
The PPI fell 0.1% in July. On one hand, the reading was worse compared to the rise at the same rate the month before. On the other, it was better than the predicted drop by 0.2%.
USD/CHF dropped from 0.9745 to 0.9727 as of 15:01 GMT today. At the same time, EUR/CHF advanced from 1.0878 to 1.0887.
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