Unemployment Rate Down in Switzerland in 202217 January 2023
In 2022 the unemployment rate in Switzerland went down to 2.2%, the lowest reading in 20 years, as per official statistics.
CHF Exchange Rate Off to a Good Start in 202312 January 2023
Swiss franc turned out to early outperformer of 2023 after it start a year with good exchange rate versus euro, US dollar or British pound.
Swiss National Bank Plans Further Interest Rates, Forex Sales04 January 2023
After the SNB raised interest rates by 50 bp in December, further raises are expected. In recent months the bank has also been active on forex market.
Swiss Inflation Was Probably Still at 3% in Nov29 November 2022
Inflation in November probably stayed at 3% level, above the SNB’s target, which supports the case for another hike of interest rates.
CHF Expected to Weaken in 202323 November 2022
CHF exchange rate has remained strong recently due to very confident comments on policy. But economists believe that next year Swiss franc exchange rate will weaken.CHF exchange rate has remained strong recently due to very confident comments on policy. But economists believe that next year Swiss franc exchange rate will weaken.