Swiss consumer prices drop for 11th consecutive month

Note: This section contains information in English only.
Source: RTT News
Prices in Switzerland tumbled for the 11th month in a row, recording the biggest annual fall since 1959, the Federal Statistical Office reported. Measured on an annual basis, the Swiss consumer prices slid 1.4%, equal to the decline rate in August. Analysts had projected prices to decrease by 1.5%. In monthly terms, the Consumer Price Index booked an increase of 0.1% from the prior month's 0.2% drop.
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Tue, 06 Oct 2015 11:44:05 GMT

USD/JPY pair consolidates at ¥120

The Japanese Yen outstripped the US currency on Tuesday and kept further increasing, thus, recovering after four consecutive sessions of losses. At the current moment, the currency pair trades 0.23% lower, at ¥120.22, heading towards ¥120.06. Market participants are expecting further actions form the Bank of Japan that is scheduled to have another monetary policy meeting tomorrow.

Tue, 06 Oct 2015 09:44:03 GMT

Kiwi edges up against Greenback

New Zealand's currency climbed up against the US Dollar on Tuesday amid the Reserve Bank of Australia's announcement of an unchanged monetary policy for the fifth consecutive month. The NZD/USD pair changed hands at $0.6493, slightly easing from its session high of initially $0.6516. According to statistics published earlier, New Zealand's business confidence indicator dropped to minus 14 in Q3,

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