Join our community of traders FOR FREE!

  • Learn
  • Improve yourself
  • Get Rewards
Learn More
Home » Forex and Currency News » Switzerland investor optimism cools in May

Switzerland investor optimism cools in May

Written by Miroslav Marinov
Miroslav Marinov
Miroslav Marinov, a financial news editor at TradingPedia, is engaged with observing and reporting on the tendencies in the Foreign Exchange Market, as currently his focus is set on the major currencies of eight developed nations worldwide.
, | Updated:

The investors’ sentiment index for Switzerland was reported to have decreased to a level of 17.5 in May from a 2 1/2-year high of 18.2 in April.

According to UBS, which collaborates with the CFA Society Switzerland to publish the data, participants in the survey were mostly concerned about the approaching elections in France and the US domestic politics.

Participants in the poll were also concerned about the Swiss economic growth, as they expected the Swiss Franc to continue appreciating against the Euro and the US Dollar.

The Swiss Franc was last little changed on the day against the Euro, with the EUR/CHF currency pair trading at 0.9576.

The minor Forex pair has rebounded from a four-month low of 0.9478, which it recorded on June 19th.

TradingPedia.com is a financial media specialized in providing daily news and education covering Forex, equities and commodities. Our academies for traders cover Forex, Price Action and Social Trading.

Related News

  • Pi Coin Down 12% within a Week as Binance Announcement Remains PendingPi Coin Down 12% within a Week as Binance Announcement Remains Pending Key momentsOngoing technical difficulties impede KYC verification and mainnet migration for Pi Network users. Pi Coin experiences a 12% decrease in value within a week, trading at approximately $1.55. Community anticipation for a […]
  • AUD/NOK eases from 1-week high on soft CPI dataAUD/NOK eases from 1-week high on soft CPI data The AUD/NOK currency pair pulled back from a 1-week high of 6.6483 on Wednesday, as the Australian Dollar weakened following the latest inflation update.Data by the Australian Bureau of Statistics released on Wednesday showed that the […]
  • PBOC Supports Yuan as Daily Reference Rate Trends LowerPBOC Supports Yuan as Daily Reference Rate Trends Lower Key Moments The People’s Bank of China set Monday’s USD/CNY central parity at 6.8088. The new fixing compares with a previous central rate of 6.8109. The setting contrasted with a Reuters estimate of 6.7544 for the […]
  • AUD/JPY trades at 8-week low as BoJ pledges yield curve control flexibilityAUD/JPY trades at 8-week low as BoJ pledges yield curve control flexibility Key pointsAUD/JPY hovers above fresh 8-week trough BoJ keeps key rates unchanged, but pledges yield curve control flexibility BoJ decision considered by traders as preparation for exit from ultra-easy monetary policy […]
  • Forex Market: GBP/CAD daily forecastForex Market: GBP/CAD daily forecast During yesterday’s trading session GBP/CAD traded within the range of 1.8489-1.8577 and closed at 1.8516.At 08:05 GMT today GBP/CAD was gaining 0.04% for the day to trade at 1.8522. The pair touched a daily high at 1.8537 at 7:10 […]
  • USD/CHF Rises as Markets Eye Swiss CPI, U.S. ReportsUSD/CHF Rises as Markets Eye Swiss CPI, U.S. Reports Key Moments USD/CHF trades near 0.7985 in early European hours as the U.S. Dollar gains on the Swiss Franc. Swiss March CPI is expected to show a 0.5% monthly and annual rise, with the data due for release on Thursday. […]