The Swiss franc depreciated vis-à-vis the U.S. dollar today as the greenback tested offers around the CHF 1.0865 level and was supported around the CHF 1.0730 level. The pair established a fresh multi-decade low one day after Swiss National Bank member Jordan suggested the central bank is not yet ready to lower interest rates. Data released in Switzerland today saw January PMI improve to 61.6 from 60.8 in December. U.S. dollar offers are cited around the CHF 1.1155 level. The euro and British pound weakened vis-à-vis the Swiss franc as the crosses tested bids around the CHF 1.6005 and 2.1250 levels, respectively.