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Switzerland: Industrial Production drops 2.4% in Q4

FXstreet.com (Barcelona) - Swiss Industrial Production fell by 2.4% in the fourth quarter of 2012, following a 7.9% increase in the previous quarter, according to data released today by Swiss Statistics.

Switzerland: Industrial Production (YoY) (4Q): -2.4% vs 1.4%

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Forex: USD/CHF erases gains to trade at 0.9347/49

The GBP/USD has inched lower Monday, on the heels of a disappointing Swiss data release during European trading. Having topped out at the 0.9361 (session high) earlier today, the pair has now moved into negative territory, erasing its gains to operate at 0.9347/49 in these moments.
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