Spain HCOB Services PMI registered at 56.2 above expectations (55.2) in February

Mar 5, 2025

USD/CHF remains below 0.8900 following Swiss CPI data release

The USD/CHF pair continues its downward trend for the third consecutive session, trading around 0.8880 during European hours on Wednesday.

As above, EUR/USD broke decisivley higher on prospects of a fiscal bazooka out of Europe.