AUD/CHF REVIEW: created by import-candles on 2026-10-23 from Monorex history (digits 5 map); check digits/point_size/pip_size, then activate. Australian Dollar vs Swiss Franc

The RBA raised its cash rate by 25 basis points to 4.85% in a six-to-three vote. It now expects inflation to reach the top of its 2–3% target range only in late 2027, around three quarters later than previously forecast. Broader price pressures justified further tightening, the Board said, even as the economy slows, housing prices fall and unemployment rises.

Thesis: The RBA says the higher inflation outlook and continuing upside risks warrant further tightening.

Counter view: Limitation: Tightening comes as the economy slows, housing prices fall and unemployment rises.

Australia’s September goods trade surplus widened to about A$2.8 billion from A$184 million in August, InvestingLive reports. Exports rose 2.3%, led by LNG and metals, while imports fell 3.3% as gold imports dropped nearly 35%. The volatile gold component flatters the improvement; trade volumes will give a cleaner guide to the contribution to growth.

Thesis: InvestingLive says commodity exports support Australia’s external accounts, partly offsetting exposure to higher fuel import costs.

Counter view: Limitation: volatile gold imports flatter the headline balance, and nominal trade values do not establish the growth contribution.

Swiss consumer prices rose 1.5% from a year earlier in October, according to the Federal Statistical Office. Prices increased 0.2% over the month, with heating oil, petrol and diesel among the drivers. Footwear and hospital outpatient services also became more expensive. Lower prices for medical services at local surgeries, international package holidays and hotels partly offset those increases. The CPI reached 101.7 points on its December 2025 base of 100.