Switzerland: SVME-PMI falls less than expected in June

FXstreet.com (Barcelona) - The Swiss SVME-PMI dropped to 51.9 in June, from 52.2 in May, according to data released today by the the Schweizerischer Verband für Materialwirtschaft und Einkauf and Credit Suisse. Analysts expected slightly more decline to 51.5.

USD/CHF rebounding

USD/CHF reached a high last week at 0.9485 and has since rebounded from a low of 0.9420.
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Italy: Markit Manufacturing PMI increases to 49.1 in June from 47.3 in May

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