US Mar Markit Manufacturing PMI increase to 54.9 vs 54.3 in Feb.

The USD/CHF rose to as high as 0.9474 high on the European opening as Markit PMI data across Europe disappointed investors, also with a German manufacturing drop below the 50.0 threshold. Then, the market retraced gains back to the 0.9450 area before getting back up ahead of the US data. The pair trades at 0.9460 as of writing.