Swiss National Bank Willing to Intervene in FX market as Necessary

19 Nov '19 at 5:22 pm #22540
Helmholtz Watson
Participant

Switzerland October trade balance falls to CHF 3.50 billion v CHF 4.02 billion prior

Federal Statistics Office – 19 November 2019

Note Prior CHF 4.02 billion; revised to CHF 4.05 billion

Exports -1.3% m/m Prior +2.5%; revised to +2.7%
Imports -2.4% m/m Prior -1.3%

Weakening trade conditions to start Q4.