USD/CHF extends its gains for the second consecutive day, trading higher around 0.8950 during the Early European session on Wednesday. The pair streng
USD/CHF extends its gains on the upbeat Greenback. Swiss Survey Expectations declined from 27.6 to 37.8 in October. US Dollar extends gains after robust US PMI data. thened driven by the positive Purchasing Managers Index data from the United States, which provides support to the US Dollar . Swiss Franc might be in for a bumpy ride with that ZEW Survey. A decline is recorded in expectations from 27.6 to 37.8 in October.
In October, the US S&P Global Composite PMI displayed growth, climbing from 50.2 to 51.0. The Services PMI saw improvement, reaching 50.9, while the Manufacturing PMI rose to 50.0. Notably, the manufacturing index has consistently stayed above the 50-point mark for the past six months, signaling a favorable trend in that sector.
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