USD/CHF stable on positive Swiss PMI

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Source: Investing.com
The Greenback was almost unchanged today versus the Swiss Franc following the issue of the favourable figures from Switzerland and as investors stayed cautious after the release of the U.S. employment report. USD/CHF reached 0.9059 today in the afternoon. The Swiss economists reported today that the PMI rose to a three-month high of 54.3 in July in contrast to the anticipated 52.8.

 

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Tue, 05 Aug 2014 07:42:43 GMT

Aussie slips as China services stagnate

The Aussie weakened for the first time in two days after the reports showed the activity of Chinese services stagnated first in many years. The Australian Dollar depreciated against all but one of its major peers after the RBA kept the interest rate on hold today. The Aussie dropped 0.1% to 93.27 U.S. cents today after gaining 0.4% during the preceding two days.

Mon, 04 Aug 2014 11:15:11 GMT

Pound rises versus the Dollar after Construction PMI

Construction PMI dropped from the previous month to 62.4. However, despite the decrease from June's 62.6, the data released managed to surpass its 62.0 forecast. The Sterling rose by 0.07%, trading at 1.6832 against the US Dollar. Traders are expected to remain cautious as the BoE will announce its decision regarding interest rates on Thursday.

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