Written By : ForexAbode.com || Friday, 08 August 2014 21:14 GMT

USD/CHF Fundamental Analysis & Economic Strength Meter - August 9, 2014

The USD/CHF fundamental analysis is updated weekly. This is mainly derived from the recent major economic releases and news. The USD/CHF economic strength meter at the bottom shows the relative strength or weakness of the recent economic releases and news from the U.S. and Switzerland, which may affect the relative strength of the U.S. dollar versus Swiss franc.

USD/CHF - Recent economic releases

U.S.A.

USD: Markit PMI (Services and Composite): The services PMI was 60.8 and negative as compared to the consensus (61.0) as well as the previous 61.0. Composite PMI also dropped from 61.0 to 60.6.
USD: Factory orders (MoM): 1.1%, quite positive as compared to the consensus (0.6%) as well as the previous -0.6%.
USD: ISM Non-Manufacturing PMI: 58.7, positive as compared to the consensus (56.3) as well as the previous 56.0.
USD: Trade Balance: USD -41.54 billion, positive as compared to the consensus (-44.70 billion) as well as the previous -44.66 billion US dollars.
USD: Initial Jobless Claims: 289K, positive as compared to the consensus (305K) as well as the previous 303K.
USD: Consumer Credit Change: USD 17.26 billion, negative as compared to the consensus (18.55 billion) as well as the previous 19.64 billion.
USD: Nonfarm Productivity (Q2 - preliminary): 2.5%, quite positive as compared to the consensus (1.5%) as well as the previous -4.5%.

Switzerland

CHF: SVME Purchasing Managers" Index: 54.3, positive as compared to the consensus (52.8) as well as the previous 54.0.
CHF: Consumer Price Index: Year-over-year change in June was 0.0% and hence remained same as the previous data. The month -over-month change was -0.4% and negative as compared to the previous -0.1% and exactly as per the consensus.
CHF: SECO Consumer Climate (3 months in Q2): -1, negative as compared to the consensus (4) as well as the previous 1.
CHF: Unemployment Rate (MoM - Seasonally adjusted): Remained same at 3.2%.

USD/CHF Economic Strength Meter ©

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USD/CHF fundamental outlook - Economic strength meter - August 9 2014

USD/CHF fundamental outlook based of recent economic releases

USD/CHF fundamental outlook based on the relative strength of the economic releases.

Go back to USD/CHF Forecast.
Go to USD/CHF Daily Analysis. Visit Forex Fundamental Analysis page.

US Dollar-Franc Interest Rate Comparison
(For Carry Trade)
U.S. Dollar (USD)
0.25%
Swiss Franc (CHF)
0.00%
USD/CHF interest rate comparison
0.25%

 

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