Turkey Consumer Confidence climbed from previous 83.9 to 84.8 in May

May 20, 2025

ECB’s Schnabel: Disinflation is on track, but new shocks are posing new challenges

European Central Bank (ECB) board member Isabel Schanbel said on Tuesday, “disinflation is on track, but new shocks are posing new challenges.”

USD/CHF remains on the defensive below 0.8350 on weaker US Dollar

The USD/CHF pair remains under selling pressure around 0.8335 during the early European session on Tuesday. The rising bets that the Federal Reserve (Fed) will lower borrowing costs further this year weigh on the Greenback against the Swiss Franc.