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Switzerland Balance of Trade
With both imports and exports reaching new highs amid global trade tensions, Brexit uncertainty, and Hong Kong demonstrations, in 2019 the Swiss trade surplus increased by 19% from the previous year to CHF 37 billion. The largest trade surpluses were recorded with the United States, India, the United Kingdom, China, Hong Kong, Japan, and Singapore, the largest trade deficits were recorded with the United Arab Emirates, Germany, Ireland, Italy, and Thailand.
A higher than expected figure should be seen as positive (bullish) for the CHF while a lower than expected figure should be seen as negative (bearish) for the CHF.
Forex Sentiment (CHF)
| Symbol | Community Trend (Shorts vs Longs) | Symbol Popularity | Avg. Short Price / Distance From Price | Avg. Long Price / Distance From Price | Current Price | |
|---|---|---|---|---|---|---|
| EURCHF |
|
|
0.9358 +14 pips |
0.9499 -155 pips |
0.93441 | |
| GBPCHF |
|
|
1.0858 +27 pips |
1.0988 -157 pips |
1.08308 | |
| USDCHF |
|
|
0.8077 +141 pips |
0.8303 -367 pips |
0.79358 | |
| CHFJPY |
|
|
174.9576 -709 pips |
180.0148 +203 pips |
182.043 | |
| AUDCHF |
|
|
0.5304 +107 pips |
0.5502 -305 pips |
0.51968 | |
| NZDCHF |
|
|
0.4946 +142 pips |
0.5084 -280 pips |
0.48038 | |
| CADCHF |
|
|
0.5884 +55 pips |
0.6191 -362 pips |
0.58294 | |
| CHFSGD |
|
|
1.5709 -348 pips |
1.6058 -1 pips |
1.60573 | |
| XAUCHF |
|
|
2492.5333 +72183 pips |
2704.4600 -93376 pips |
1,770.70 |
News (CHF)
Swiss Central Bank Lowers Policy Rate To Zero As Expected
The Swiss National Bank reduced its policy rate to zero on Thursday as inflation turned negative and the currency strengthened further amid global trade tensions. The bank decided to lower the SNB policy rate by 0.25 percentage points to zero percent. This was the sixth consecutive reduction. The bank has reduced the key rate by 175 basis points since March 2024.
RTTNews | 15 days ago
Swiss GDP Growth Accelerates In Q1
Switzerland's economic growth accelerated in the first quarter on a notable rebound in exports to the US ahead of the increase in trade tariffs, official data revealed on Monday. Gross domestic product expanded by adjusted 0.8 percent sequentially after rising 0.6 percent in the fourth quarter of 2024, the State Secretariat for Economic Affairs, or SECO, reported.
RTTNews | 32 days ago
Swiss Central Bank Cuts Policy Rate To Lowest Since 2022
The Swiss National Bank trimmed its interest rate for the fifth consecutive meeting on Thursday, amid heightened downside risks to inflation. The policy board, led by President Martin Schlegel, lowered the policy rate by 25 basis points to 0.25 percent from 0.50 percent. This followed a 50 basis point cut in December. The bank has reduced the key rate by 150 basis points since March 2024.
RTTNews | 106 days ago
