New Zealand’s economy is recovering more actively than the Swiss
Switzerland’s GDP fell by 8.2% in quarterly terms in the second quarter of this year. This was its maximum decline in 40 years. In the first quarter, Swiss GDP fell 2.5%. This was its largest decline in 40 years. In the first quarter, Swiss GDP fell by 2.5%. The recovery (after the coronavirus) of the New Zealand’s economy is stronger than that of Switzerland. The drop in New Zealand’s GDP in the 1st quarter was 1.6% in quarterly terms. The GDP for the Q2 will not be available until 16 September, but it is projected to decrease by only 1.2%. Note that the rate of the Reserve Bank of New Zealand is + 0.25%, of the Swiss National Bank – 0.75%. New Zealand will publish the Global Dairy Trade Price Index on September 1. Inflation for August will be released in Switzerland on September 3. These data can affect the dynamics of the NZD/CHF currency pair.
| Indicator | VALUE | Signal |
|---|---|---|
| RSI | Buy | |
| MACD | Buy | |
| MA(200) | Neutral | |
| Fractals | Buy | |
| Parabolic SAR | Buy | |
| Bollinger Bands | Neutral |
Summary of technical analysis
| Order | Buy |
| Buy stop | Above 0,61 |
| Stop loss | Below 0,59 |
Market Analysis provided by IFCMarkets.com
- COT Metals Charts: Speculator Bets led by Silver, Gold & Platinum Mar 7, 2026
- COT Bonds Charts: Speculator Bets led by 10-Year Bonds & Fed Funds Mar 7, 2026
- COT Energy Charts: Speculator Bets led by Brent Oil & Heating Oil Mar 7, 2026
- COT Soft Commodities Charts: Speculator Bets led by Corn & Soybean Meal Mar 7, 2026
- Investors run to safe-haven assets amid Middle East escalation Mar 6, 2026
- EUR/USD Under Pressure: Middle East Risks Outweigh All Else Mar 6, 2026
- Bitcoin shows resilience to Middle East events. Oil market stabilizes Mar 5, 2026
- GBP/USD: Market Not Expecting BoE Rate Cut in March Mar 5, 2026
- Brent headed for $100? Mar 4, 2026
- Global stock indices continue sell-off due to Middle East conflict Mar 4, 2026
