By Rob Howard — Sep 27 - 05:35 AM
EUR/CHF slid to 0.9401 EBS low as below-forecast French CPI data hurt euro
France's harmonized inflation rate up 1.5% YY in September vs 2.0% forecast
Spanish inflation also come in softer than expected; 1.7% vs 1.9% forecast
Softer French, Spanish inflation is boost for doves advocating Oct ECB cut
0.9438 was Thursday's EUR/CHF EBS low, after SNB cut rates by 25 bps again
Swiss CPI data due next week (Oct 3); 1.1% YY forecast, unchanged vs August
Source:
Refinitiv IFR Research/Market Commentary