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Franc Mixed Ahead Of Swiss SECO Economic Forecasts

The State Secretariat for Economic Affairs is scheduled to issue Swiss quarterly economic forecasts in the pre-European session on Tuesday at 1:45 am ET. According to Summer forecast, the economy will grow 1.4 percent this year and 1.8 percent in 2017.

Ahead of the data, the Swiss franc showed mixed against its major rivals. While the Swiss franc rose against the euro, the pound and the U.S. dollar, it fell against the yen.

As of 1:40 am ET, the Swiss franc was trading at 1.0953 against the euro, 1.2779 against the pound, 0.9802 against the U.S. dollar and 103.82 against the yen.

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