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Swiss trade surplus narrowed on weaker watch exports

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 21, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Forex News and Events Swiss exports improve marginally (by Yann Quelenn) Swiss trade surplus is narrowing. This morning’s data confirmed this trend. September Swiss imports rose 2.6%m/m (prior -4%) and exports printed positive for the second month in a row at 0.2%m/m. The Swiss economy is clearly struggling to get back on the expansion track. Inflation is pushed down as the strength of the Swiss Franc, while increasing the purchasing power, adds prices’ downside pressures. From our vantage

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