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

New Zealand’s unemployment rate rose to 5.7% in the September quarter, the highest since 2015, InvestingLive reports. Employment fell 0.1%, against forecasts for a 0.4% rise. Private-sector labour costs excluding overtime grew 0.4% over the quarter and 2.0% over the year. The report says the weaker labour market reduced pressure for another RBNZ rate increase, while Saturday’s election adds uncertainty over the bank’s mandate.

Thesis: InvestingLive argues that a weaker labour market reduces pressure for the RBNZ to resume rate increases.

Counter view: Limitation: the report says the RBNZ still signalled that further increases were likely; the labour data do not constitute a policy decision.

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.