Switzerland mftg PMI July 50.1 vs 51.9 exp

Switzerland mftg PMI July report 2 Aug 2016

• 51.6 prev

Earlier Retail Sales June :

• yy -3.9% vs -2.0% exp vs -1.7% prev revised up from -1.8%

Disappointing data but USDCHF still lower on general US$ supply. EURCHF holding steady around 1.0825 as EURUSD finally breaks up through 1.1200