Switzerland: SVME - Purchasing Managers' Index (Feb): 50.8 vs 52.5 (Jan)

The USD/CHF has fallen steadily off its opening, receiving some negative pressure from the earlier release of positive German data that generally triggered a downward movement in pricing. As of European trading Friday, the pair is negotiating an exchange of 0.9352/54, establishing fresh session lows (-0.14%) on the heels of Swiss data.