We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site.

Free Trading Guides
EUR/USD
Mixed
GBP/USD
Bullish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
USD/JPY
Bullish
Gold
Mixed
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Oil - US Crude
Mixed
Bitcoin
Mixed
More View more
Real Time News
  • US Dollar Technical Outlook: GBP/USD, AUD/USD, USD/CAD https://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/daily_fundamentals/2019/11/21/us-dollar-technical-outlook-gbpusd-audusd-usdcad-js55-usd-price-chart.html
  • 🇺🇸 USD Philadelphia Fed Business Outlook (NOV), Actual: 10.4 Expected: 6.1 Previous: 5.6 https://www.dailyfx.com/economic-calendar#2019-11-21
  • 🇺🇸 USD Initial Jobless Claims (NOV 16), Actual: 227k Expected: 219k Previous: 227k https://www.dailyfx.com/economic-calendar#2019-11-21
  • 🇺🇸 USD Continuing Claims (NOV 9), Actual: 1695k Expected: 1683k Previous: 1692k https://www.dailyfx.com/economic-calendar#2019-11-21
  • 🇺🇸 USD Initial Jobless Claims (NOV 16), Actual: 227K Expected: 219k Previous: 225k https://www.dailyfx.com/economic-calendar#2019-11-21
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 98.16%, while traders in US 500 are at opposite extremes with 79.95%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/XTF3Zuhmts
  • Heads Up:🇨🇦 CAD Bank of Canada's Poloz Gives Fireside Chat in Toronto due at 13:40 GMT (15min) https://www.dailyfx.com/economic-calendar#2019-11-21
  • @DailyFXTeam The release of US Initial Jobless Claims data has historically tended to cause above-average volatility in the US Dollar $USD $DXY #Forex #Trading #Analysis https://t.co/KTiM0IXABT
  • Forex Update: As of 13:00, these are your best and worst performers based on the London trading schedule: 🇬🇧GBP: 0.32% 🇳🇿NZD: 0.25% 🇪🇺EUR: 0.16% 🇯🇵JPY: -0.00% 🇨🇦CAD: -0.02% 🇨🇭CHF: -0.06% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/Sr5Rz1pd1F
  • Heads Up:🇺🇸 USD Continuing Claims (NOV 9) due at 13:30 GMT (15min), Actual: N/A Expected: 1683k Previous: 1683k https://www.dailyfx.com/economic-calendar#2019-11-21
Swiss Franc Little Changed Following CPI Data

Swiss Franc Little Changed Following CPI Data

2014-05-08 07:36:00
David Maycotte,
Share:

Talking Points:

  • Mixed Swiss CPI Report in April
  • Swiss Franc Muted Against the US Dollar After Data Crossed the Wires
  • SNB Sees Slow Inflation Rise Through 2015

The latest Swiss CPI figures reported mixed for April as the benchmark year-on-year inflation rate missed estimates, but the month-on-month rate reported in-line with estimates. Year-on-year inflation reported at 0.0 percent, and missing estimates calling for a print of 0.1 percent. The month-on-month inflation reported in-line at 0.1 percent, lower from 0.4 percent reported in March.

The Swiss Franc was little-changed following the release, but ahead of the release had strengthened against the US Dollar in overnight trade. Switzerland's low inflation continues to plague policy makers. Swiss National Bank foresees its baseline inflation rate below 1 percent through, and well below its 2 percent target rate through the next two years.

DailyFX Strategist Jamie Saettele says USDCHF week open is a possible reaction level at 0.8767.

USD/CHF 5-Minute Chart. May 8, 2014

Swiss Franc Little Changed Following CPI Data

Charted created by David Maycotte using Marketscope 2.0.

-- Written by David Maycotte, DailyFX Research Team. Questions, comments or concerns can be sent to instructor@dailyfx.com.

Want to trade with proprietary strategies developed by FXCM? Find out how with Mirror Trader.

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES

News & Analysis at your fingertips.