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Switzerland procure.ch Manufacturing PMI
The procure.ch Manufacturing Purchasing Managers' Index (PMI), which is produced from an executive survey on their procurement expectations for the following month, measures the performance of the manufacturing sector in Switzerland. The PMI index is It is composed of all five indicators which were evaluated based on the characteristics: New Orders (30%), Production (25%), Workforce (20%), Provider Delivery Times (15%), and Inventory of Items Purchased (10%), with the Delivery Times index reversed so that it moves in a similar direction to the other four indexes. An index value above 50 implies that the manufacturing sector has expanded in comparison to the previous month, an index value below 50 implies that the manufacturing sector has contracted, and an index value of 50 implies that there has been no change.
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 +45 pips |
0.9434 -121 pips |
0.93130 | |
| GBPCHF |
|
|
1.0843 +41 pips |
1.0975 -173 pips |
1.08018 | |
| USDCHF |
|
|
0.8060 +115 pips |
0.8338 -393 pips |
0.79450 | |
| CHFJPY |
|
|
177.5180 -658 pips |
181.3209 +278 pips |
184.100 | |
| AUDCHF |
|
|
0.5291 +94 pips |
0.5509 -312 pips |
0.51975 | |
| NZDCHF |
|
|
0.4934 +163 pips |
0.5023 -252 pips |
0.47711 | |
| CADCHF |
|
|
0.5919 +116 pips |
0.6175 -372 pips |
0.58028 | |
| CHFSGD |
|
|
1.5696 -413 pips |
1.6074 +35 pips |
1.61090 | |
| XAUCHF |
|
|
2184.3600 +41366 pips |
2651.3233 -88062 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 | 20 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 | 37 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
