The Swiss franc was surprisingly soft today despite recent supportive domestic macroeconomic data and the market sentiment that was favorable to safer currencies.
Reported yesterday by the Swiss Federal Customs Administration, Switzerland trade balance surplus was at CHF 3.1 billion in November. Exports rose 1.8% to a new monthly record. Imports fell by 1.2%.
USD/CHF gained from 0.9878 to 0.9915 as of 17:04 GMT today. GBP/CHF climbed from 1.2499 to 1.2564.
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Swiss Franc Soft Despite Supportive Data & Market Sentiment
