Switzerland Producer & Import Prices MoM
The producer price index (which tracks the price development of products produced and sold by domestic firms) and the import price index (which tracks the price evolution of imported products) are combined to form a price index for all goods In Switzerland. When combining the indices, only domestic sales are used to calculate the producer price index.
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 |
|
|
0.9616 -150 pips |
0.9850 -84 pips |
0.97659 | |
| GBPCHF |
|
|
1.1202 -154 pips |
1.1450 -94 pips |
1.13563 | |
| USDCHF |
|
|
0.8917 -150 pips |
0.9134 -67 pips |
0.90670 | |
| CHFJPY |
|
|
165.4387 -644 pips |
170.7200 +116 pips |
171.877 | |
| AUDCHF |
|
|
0.5889 -91 pips |
0.6089 -109 pips |
0.59803 | |
| NZDCHF |
|
|
0.5397 -50 pips |
0.5509 -62 pips |
0.54473 | |
| CADCHF |
|
|
0.6577 -50 pips |
0.6747 -120 pips |
0.66269 | |
| CHFSGD |
|
|
1.4898 -43 pips |
1.5131 -190 pips |
1.49411 | |
| XAUCHF |
|
|
1683.9800 -8672 pips |
2161.9300 -39123 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 | 20 days 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 | 52 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 | 150 days ago
