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Switzerland GDP Growth Rate QoQ
In Swiss, accounting for 54% of the total household consumption is the main component of the GDP, followed by gross fixed capital formation (24%), and government expenditure (11%). Exports make for 64%, while imports account for 53%. Foreign trade contributes 11% of GDP.
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 +35 pips |
0.9465 -142 pips |
0.93226 | |
| GBPCHF |
|
|
1.0844 +23 pips |
1.0982 -161 pips |
1.08212 | |
| USDCHF |
|
|
0.8053 +94 pips |
0.8345 -386 pips |
0.79587 | |
| CHFJPY |
|
|
177.5545 -665 pips |
180.9014 +330 pips |
184.202 | |
| AUDCHF |
|
|
0.5289 +89 pips |
0.5513 -313 pips |
0.51996 | |
| NZDCHF |
|
|
0.4921 +144 pips |
0.5025 -248 pips |
0.47765 | |
| CADCHF |
|
|
0.5889 +73 pips |
0.6191 -375 pips |
0.58155 | |
| CHFSGD |
|
|
1.5683 -408 pips |
1.6074 +17 pips |
1.60906 | |
| XAUCHF |
|
|
2184.3600 +41366 pips |
2665.3950 -89469 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 | 19 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 | 36 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 | 111 days ago
