The Swiss franc dropped today against other
Ulrich Leuchtmann, the head of
The Swissie was quite a good
The ISM Manufacturing PMI rose from 53.5 in May to 55.3 in June, showing the 23rd consecutive month of the US manufacturing growth. The Markit Eurozone Manufacturing PMI was unchanged from the preliminary estimate of 52.0 in June, falling from 54.6 in May. The SVME PMI was down by 5.7 point to 53.4 in June, indicating a sharp slowdown of business activity in Switzerland.
USD/CHF climbed from 0.8402 to 0.8486 today as of 18:02 GMT and reached the intraday high of 0.8525 earlier. EUR/CHF advanced from 1.2186 to 1.2316. CHF/JPY dropped from 95.83 to 95.25.
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