Swiss Trade Balance Better Than Expected

The Swiss Trade Balance has come in at a better than expected +2.03B vs an expected 0.62B and a previous number of 0.00B, revised down.

Not a great impact currency wise with the EUR/USD still trading 1.2575/85 although Cable is threatening the all important 1.4300 level, a break of which could open the way for a move back to 1.4600. This sees EUR/GBP poised precariously above the important 0.8790/00 region.