Swiss exports contract in Jan, Fed is losing faith

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 18, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Forex News and Events Swiss exports fell for a third straight month (by Arnaud Masset) Swiss exports contracted for a third straight month as the weak global outlook continued to weigh on the sale of Swiss high value-added products. Export contracted 1.1%m/m (s.a.) in January or -3.9%y/y on a year-over-year basis, following a downwardly revised contraction of 1.5%m/m in the previous month (or -0.9%y/y). The fall in exports was mainly driven by the sharp contraction in machinery and electronic

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