Lost pair USD / CHF more than 80 points in a matter of minutes to reach the bottom of 0.9200. However, the pair managed to stabilize above the psychological level of the boomerang is currently trading around 0.9210 and 0.78% is still lower than the opening price.
Data showed that US retail sales were flat in April, contrary to expectations, up 0.2%, while retail sales excluding autos rose 0.1% versus 0.5%. Separate data showed that import prices had fallen by 0.3% in the same month, contrary to expectations of a rise of 0.3%.