Swiss franc news this week: what moves the franc
Swiss franc news for 2 to 6 November 2026: the Swiss National Bank's policy rate is 0.00%, its next decision is on Thursday 10 December and this week's calendar has no high-impact events for the CHF.
The Swiss franc is set against the rest by one bank, the Swiss National Bank (SNB), and by the things that bank has to react to. Here is the rate it has set, what it is aiming at, the releases that move this currency and what is on the calendar this week.
By Mike, founder of MacroSetup. Page updated . Rate and calendar as the research last recorded them, 6 November 2026, 21:12 Amsterdam time.
Swiss franc news this week in short
- Central bank
- Swiss National Bank (SNB)
- Policy rate
- 0.00%
- What the bank targets
- Price stability: inflation below 2% a year
The three things that move it
- 1Demand for safety. The franc rises when Europe is nervous, whatever Switzerland itself is doing.
- 2The Swiss National Bank, which has the lowest rate of the eight and a long history of acting on the currency directly.
- 3Swiss inflation, which is usually the lowest in the group and gives the bank little to react to.
A safe haven that tends to gain when markets turn cautious.
On the calendar this week
Nothing of the highest impact for the CHF this week. On weeks like that the currency drifts on the rate gap and the risk mood instead.
Times in Amsterdam. The whole week for all eight is on the calendar page.
Every release that moves the Swiss franc
What each one is, when it comes out, which line the market reads first, and what the CHF did on the last release days.
- SNB rate decisionHigh impactWhen the Swiss National Bank decides, what its inflation forecast and its words on intervention add, and why one of only four meetings can reset the franc.
- Swiss CPIHigh impactWhat Swiss CPI measures, when it comes out, why imported prices and rents matter, and how one tenth of a percent can change the next SNB move and the franc.
- Swiss GDPWhen Swiss GDP comes out, why SECO takes the World Cup and the Olympics out of it, and why the franc often cares more about the SNB and safe-haven flows.
- SNB currency reservesWhat the monthly SNB currency reserves figure shows, when it comes out, and how to tell real franc intervention apart from swings in exchange rates and markets.
Sources
The rate, the target and the meeting dates come from the Swiss National Bank (SNB) itself: Swiss National Bank; Swiss National Bank, event schedule. The rate is the one the research last recorded from the bank.
The releases above are published by Federal Statistical Office (FSO) and State Secretariat for Economic Affairs (SECO). Each release page names its own sources.
The other seven
A currency is only strong or weak against another one, so the page next door matters as much as this one.
- USD US dollar
- EUR Euro
- JPY Japanese yen
- GBP British pound
- AUD Australian dollar
- NZD New Zealand dollar
- CAD Canadian dollar
What the rate gap between two of them pays is on the rate differentials page, and how a pair is scored from two currencies is on the fundamental bias page.
Questions about the Swiss franc
What moves the Swiss franc?
What the Swiss National Bank (SNB) does and is expected to do, the releases that bank steers by, the mood of the wider market, and anything political big enough to be priced. A currency only moves against another one, so the same questions apply to the other side of the pair.
Which central bank sets the CHF rate, and what is it aiming at?
The Swiss National Bank (SNB). Its goal is price stability, which it defines as inflation below 2% a year. A release matters most when it speaks to that goal.
Where can I see the current CHF policy rate?
0.00%, as the research last recorded it. You will find it in the "In short" table of this page, next to the date of the next scheduled meeting, and beside the other seven rates on our rate differentials page. Both follow the research, so a decision shows up on the day it is made. All eight rates
Do you publish a CHF forecast?
No. We publish a reading of now: how the currency scores against the other seven today and why, rewritten when the news changes. Nobody here will tell you where a currency will be next month. How past calls turned out