Swiss CPI declines unexpectedly at a faster pace of 0.3% on month

Source Fxstreet

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).

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Ethereum (ETH) Price Closes Above $3,900 — Is a New All-Time High Possible Before 2024 Ends?Once again, the price of Ethereum (ETH) has risen above $3,900. This bounce has hinted at a further price increase for the altcoin before the end of the year.
Author  Beincrypto
Dec 17, 2024
Once again, the price of Ethereum (ETH) has risen above $3,900. This bounce has hinted at a further price increase for the altcoin before the end of the year.
placeholder
Bitcoin ETF Inflows For 2025 Now Outpace 2024, Data ShowsUS Bitcoin spot exchange-traded funds (ETFs) have seen more inflows this year so far compared to the same point in 2024, according to data.
Author  Bitcoinist
Jul 16, Wed
US Bitcoin spot exchange-traded funds (ETFs) have seen more inflows this year so far compared to the same point in 2024, according to data.
placeholder
Gold price declines amid risk-on sentiment despite Fed rate cut expectationsGold price (XAU/USD) continues with its struggle to find acceptance above the $3,400 mark and attracts heavy selling during the Asian session on Monday.
Author  FXStreet
Aug 11, Mon
Gold price (XAU/USD) continues with its struggle to find acceptance above the $3,400 mark and attracts heavy selling during the Asian session on Monday.
placeholder
ISM Manufacturing PMI expected to improve slightly in August, but remain in contraction The Institute for Supply Management (ISM) is scheduled to release the August Manufacturing Purchasing Index this Tuesday.
Author  FXStreet
Sep 02, Tue
The Institute for Supply Management (ISM) is scheduled to release the August Manufacturing Purchasing Index this Tuesday.
placeholder
Gold Price Forecast: XAU/USD gains momentum to near $3,650, eyes on US CPI releaseThe Gold price (XAU/USD) gains momentum to near $3,645 during the early Asian session on Thursday.
Author  FXStreet
Sep 11, Thu
The Gold price (XAU/USD) gains momentum to near $3,645 during the early Asian session on Thursday.
Related Instrument
goTop
quote