Swiss CPI declines unexpectedly at a faster pace of 0.3% on month
Swiss Consumer Price Index (CPI) declined at a surprisingly faster pace of 0.3% on month in October against estimates of 0.1%. In September, inflationary pressures deflated by 0.2%.
On year, Swiss inflation grew at a moderate pace of 0.1%. Economists expected CPI to have risen at a faster pace of 0.3% against the prior release of 0.2%.
Market reaction
The initial reaction from the USD/CHF pair was positive after the Swiss CPI data release. The pair rose to 0.8060, but reversed to 0.8050.
Swiss Franc Price Today
The table below shows the percentage change of Swiss Franc (CHF) against listed major currencies today. Swiss Franc was the weakest against the Australian Dollar.
| USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | -0.01% | 0.08% | 0.12% | 0.05% | -0.10% | -0.10% | 0.06% | |
| EUR | 0.01% | 0.11% | 0.09% | 0.06% | -0.09% | -0.08% | 0.10% | |
| GBP | -0.08% | -0.11% | 0.02% | -0.04% | -0.18% | -0.18% | 0.00% | |
| JPY | -0.12% | -0.09% | -0.02% | -0.07% | -0.20% | -0.07% | -0.02% | |
| CAD | -0.05% | -0.06% | 0.04% | 0.07% | -0.18% | -0.13% | 0.04% | |
| AUD | 0.10% | 0.09% | 0.18% | 0.20% | 0.18% | 0.01% | 0.21% | |
| NZD | 0.10% | 0.08% | 0.18% | 0.07% | 0.13% | -0.01% | 0.18% | |
| CHF | -0.06% | -0.10% | -0.00% | 0.02% | -0.04% | -0.21% | -0.18% |
The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Swiss Franc from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent CHF (base)/USD (quote).
Author
Sagar Dua
FXStreet
Sagar Dua is associated with the financial markets from his college days. Along with pursuing post-graduation in Commerce in 2014, he started his markets training with chart analysis.
