Switzerland: SVME – PMI slides to 54.6 in August

FXstreet.com (Barcelona) - The Swiss SVME – Purchasing Managers´ Index dropped to 54.6 in August from 57.4 in July, according to data released today by the Schweizerischer Verband für Materialwirtschaft und Einkauf and Credit Suisse. Analysts expected less decline to 55.9.

Switzerland: SVME - Purchasing Managers' Index falls to 54.6 in August from 57.4 in July

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USD/JPY catapults higher in manic Monday, fresh bullish wave triggered

The USD/JPY foreign exchange rate surged ahead Monday, blowing past the 99.00 region, en route to fresh highs.
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