The Swiss franc depreciated vis-à-vis the U.S. dollar today as the greenback tested offers around the CHF 1.1045 level and was supported around the CHF 1.0930 level. Technically, today’s intraday low was right around the 23.6% retracement of the move from CHF 1.1595 to CHF 1.0730. Data released in Switzerland today saw December retail sales up 1.2% y/y. U.S. dollar offers are cited around the CHF 1.1155 level. The euro and British pound appreciated vis-à-vis the Swiss franc as the crosses tested offers around the CHF 1.6170 and CHF 2.1540 levels, respectively.