Economic sentiment in Switzerland slightly up…

Wednesday, 18 July 2012 02:38

The ZEW economic expectations index in Switzerland improved in July to minus 42.5 points, from minus 43.4 in Junes.
Swiss economic sentiment describes economic outlook for the next 6 months. Currently index is far from positive reading (above 0.0).
The economic sentiment’s reading had negative impact on country’s currency. USD/CHF was traded lower after data release at 0.9784.