Franc Mixed Ahead Of Swiss Q3 GDP Data
November 30 2015 - 8:41PM
RTTF2
The State Secretariat for Economic Affairs is slated to publish
third quarter Swiss GDP data in the pre-European session on Tuesday
at 1:45 am ET. Economists expect GDP to rise 0.2 percent
sequentially, the same rate as seen in the previous quarter. On a
yearly basis, GDP growth is expected to rise to 0.8 percent,
compared to 1.2 percent increase in the previous quarter.
Ahead of the data, the Swiss franc showed mixed trading against
its major rivals. While the Swiss franc rose against the U.S.
dollar, the yen and the Swiss franc, it rebounded against the
euro.
As of 1:40 am ET, the Swiss franc was trading at 1.0867 against
the euro, 1.5495 against the pound, 1.0263 against the U.S. dollar
and 119.73 against the yen.
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