There are no Swiss economic releases until Tuesday. USD/CHF is  in a narrow range, as the pair is trading at 0.9154. Trade Balance plunged in March, declining to a surplus of 1.69B. The weak reading caught the markets off guard, as the forecast had predicted a surplus of 2.59B. The Consumption Indicator sparkled, climbing to 1.22. This marked the first time the indicator has been above the 1.0 level since August 2011. USD/CHF has dropped slightly, trading below the 0.91 level, at 0.9091. The markets are waiting for the release of the KOF Economic Barometer later in the week. The forecast calls for a reading of 0.26, which would be the highest figure since last November. 


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