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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 |
|
|
0.9372 -57 pips |
0.9687 -258 pips |
0.94295 | |
| GBPCHF |
|
|
1.0934 -117 pips |
1.1291 -240 pips |
1.10510 | |
| USDCHF |
|
|
0.8267 -49 pips |
0.8678 -362 pips |
0.83160 | |
| CHFJPY |
|
|
165.0364 -778 pips |
174.0035 -118 pips |
172.820 | |
| AUDCHF |
|
|
0.5297 -30 pips |
0.5665 -338 pips |
0.53271 | |
| NZDCHF |
|
|
0.4920 -49 pips |
0.5122 -153 pips |
0.49694 | |
| CADCHF |
|
|
0.5964 -29 pips |
0.6298 -305 pips |
0.59929 | |
| CHFSGD |
|
|
1.5501 -298 pips |
1.5871 -72 pips |
1.57994 | |
| XAUCHF |
|
|
2184.3600 +41366 pips |
2765.7200 -99502 pips |
1,770.70 |
News (CHF)
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 | 35 days ago
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 | 57 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 | 122 days ago
