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Switzerland Consumer Confidence
Swiss consumers are polled on their level of confidence in four different months each year, in the months of January, April, July, and October. For the State Secretariat for Economic Affairs, about 1000 households are polled about their subjective assessment of the economy, the financial situation of the household in query, inflation, job security, and other topics of interest. Overall, consumer confidence rises when the unemployment rate is low and the economy is growing at a rapid pace. Indicators of average consumer sentiment can be valuable in predicting how much money customers are going to spend in a given period of time.
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 +8 pips |
0.9516 -166 pips |
0.93502 | |
| GBPCHF |
|
|
1.0855 +25 pips |
1.0995 -165 pips |
1.08301 | |
| USDCHF |
|
|
0.8055 +96 pips |
0.8324 -365 pips |
0.79592 | |
| CHFJPY |
|
|
175.6037 -678 pips |
179.4508 +293 pips |
182.383 | |
| AUDCHF |
|
|
0.5338 +159 pips |
0.5482 -303 pips |
0.51787 | |
| NZDCHF |
|
|
0.4974 +193 pips |
0.5057 -276 pips |
0.47812 | |
| CADCHF |
|
|
0.5889 +61 pips |
0.6194 -366 pips |
0.58276 | |
| CHFSGD |
|
|
1.5669 -377 pips |
1.6058 -12 pips |
1.60465 | |
| XAUCHF |
|
|
2184.3600 +41366 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 | 17 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 | 34 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 | 109 days ago
