Advertisement
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 |
|
|
0.9478 -49 pips |
0.9692 -165 pips |
0.95272 | |
| GBPCHF |
|
|
1.1324 -39 pips |
1.1474 -111 pips |
1.13626 | |
| USDCHF |
|
|
0.8817 -1 pips |
0.8977 -159 pips |
0.88181 | |
| CHFJPY |
|
|
160.9066 -632 pips |
170.2763 -305 pips |
167.230 | |
| AUDCHF |
|
|
0.5643 +82 pips |
0.5793 -232 pips |
0.55612 | |
| NZDCHF |
|
|
0.5110 +65 pips |
0.5232 -187 pips |
0.50449 | |
| CADCHF |
|
|
0.6236 +72 pips |
0.6423 -259 pips |
0.61644 | |
| CHFSGD |
|
|
1.5123 +12 pips |
1.5093 +18 pips |
1.51115 | |
| XAUCHF |
|
|
2184.3600 +41366 pips |
2580.0745 -80937 pips |
1,770.70 |
News (CHF)
Swiss GDP Growth Improves In Q4
Switzerland's economic growth improved more than estimated in the fourth quarter on consumption and exports, official data revealed on Thursday. GDP grew 0.5 percent from the previous quarter, following a 0.2 percent rise in the third quarter, the State Secretariat for Economic Affairs, or SECO. The fourth quarter growth marginally exceeded the flash estimate of 0.4 percent.
RTTNews | 7 days ago
Swiss Franc Slides As European Shares Traded Higher
The Swiss franc weakened against other major currencies in the European session on Monday, as the European stocks traded higher heading into a holiday-shortened week.
RTTNews | 73 days ago
Swiss Central Bank Cuts Policy Rate By 50 Bps
Amid easing inflationary pressures, the Swiss National Bank reduced its benchmark rate by a sharper-than-expected 50 basis points to curb the strength of the Swiss franc. At the first policy meeting of Martin Schlegel as chairman, the policy rate was lowered to 0.50 percent from 1.00 percent. The new rate takes effect on December 13.
RTTNews | 84 days ago
