Eurozone HCOB Manufacturing PMI above expectations (51.8) in August: Actual (52.8)

Aug 21, 2026

Swiss Franc: Funding role grows as volatility stays low – ING

Chris Turner at ING explains that USD/CHF’s sharp drop after the US Treasury buy-back announcement was mainly position adjustment after a hawkish Fed narrative had favoured longs.

Eurozone HCOB Manufacturing PMI above expectations (51.8) in August: Actual (52.8)

Swiss Franc: Funding role grows as volatility stays low – ING

Turkey Foreign Arrivals: -0.3% (July) vs -4.02%