The Swiss franc rose today even though this week’s macroeconomic data, including today’s report on retail sales, was not particularly supportive for the currency.
Retail sales rose 1 percent in September from a year ago, while analysts have expected the rate of growth to stay at the previous month’s value of 2.5 percent. The Consumer Price Index fell 0.1 percent in October. The consumer confidence index improved from -9 in July to -5 in October, but remained negative.
USD/CHF climbed from 0.9156 to 0.9203 and CHF/JPY rose from 107.09 to 107.14 as of 13:58 GMT today after falling to 106.78 intraday.
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