US: Feb Personal Income (MoM) grows 1.1%; Personal Spending up 0.3%

Mar 29, 2013

US Feb Core Personal Consumption Expenditure - Price Index (MoM) declines to 0.1% vs 0.2% in Jan.

Forex: USD/CHF testing the 0.9500 level after US consumption spending data

Apart from a brief spark in the USD/CHF, which took the pair to the 0.9513 level (session high), the cross has been testing the 0.9500 level Friday during heavily muted trading. On the heels of US economic data, the cross has continued this sideways path to settle at 0.9492/93, down -0.07%.