Switzerland CS ZEW Jan expectations survey 34.5 vs 52.0 prev

Switzerland CS ZEW Jan survey now out 31 Jan

• 41% see a continued rally in EURCHF, highest number since May 2015

So in that case, by rule of thumb we should expect EURCHF to cap !

• only 3% see deterioration of the economic situation in next 6 months
• almost all surveyed expect either an improvement or no change in exports

The ZEW Survey Expectations published by the Centre for European Economic Research in conjunction with Credit Suisse presents business conditions, employment conditions and other elements affecting the day to day running of a business in Switzerland

Not main line data. Posting for info.

USDCHF and EURCHF a little higher at 0.9320 and 1.1593 though as general USD demand returns