Switzerland Inflation Rate YoY
Housing and energy (which account for 27% of the overall weight) and healthcare (which account for 18% of the total weight) are the most important categories in the consumer price index in Switzerland. Transportation amounts to 10% of total expenditure; food and non-alcoholic beverages account for 13%, restaurants and hotels account for 7%, and recreation and culture account for 7%. In addition, miscellaneous goods and services (6%), household goods and services (4%), and clothing and footwear (3%) are included in the index. The remaining 6% of the total weight is accounted for by communication, alcoholic beverages and tobacco, and education.
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 |
|
|
0.9609 -148 pips |
0.9884 -127 pips |
0.97570 | |
| GBPCHF |
|
|
1.1217 -134 pips |
1.1487 -136 pips |
1.13510 | |
| USDCHF |
|
|
0.8952 -166 pips |
0.9172 -54 pips |
0.91180 | |
| CHFJPY |
|
|
161.1943 -852 pips |
169.6814 +4 pips |
169.718 | |
| AUDCHF |
|
|
0.5837 -77 pips |
0.6071 -157 pips |
0.59143 | |
| NZDCHF |
|
|
0.5368 -40 pips |
0.5499 -91 pips |
0.54076 | |
| CADCHF |
|
|
0.6593 -77 pips |
0.6817 -147 pips |
0.66700 | |
| CHFSGD |
|
|
1.4914 -7 pips |
1.5153 -232 pips |
1.49206 | |
| XAUCHF |
|
|
2066.7043 +29600 pips |
2146.6300 -37593 pips |
1,770.70 |
News (CHF)
Swiss Central Bank Lifts Minimum Reserve Requirement
The Swiss National Bank raised the minimum reserve requirement for domestic banks, which is set to reduce its payout. The SNB lifted the minimum reserve ratio to 4 percent from 2.5 percent. The bank also made changes to how it calculates the minimum reserve requirements.
RTTNews | 1 day ago
Switzerland's Central Bank Unexpectedly Cuts Policy Rate
The Swiss National Bank made a surprise interest rate cut on Thursday and became the first major central bank to ease the policy in the current cycle as the fight against inflation over the last two and a half years has been effective. The SNB unexpectedly lowered the policy rate by 25 basis points to 1.5 percent. Markets had expected the bank to keep the rate unchanged.
RTTNews | 33 days ago
Switzerland's Central Bank Retains Key Rate, Cuts Inflation Outlook
The Swiss National Bank kept its benchmark rate unchanged on Thursday and turned more dovish as it lowered the inflation forecast and altered the policy stance on forex interventions. The SNB Governing Board, chaired by Thomas Jordan, decided to hold the policy rate at 1.75 percent. The SNB policy rate has been raised by a cumulative 2.5 percentage points since June 2022.
RTTNews | 131 days ago
