The Swiss franc appreciated vis-à-vis the U.S. dollar today as the greenback tested bids around the CHF 1.0940 level and was capped around the CHF 1.1030 level. Data released in Switzerland today saw the January trade surplus widen to CHF 1.2 billion from CHF 198.1 million in December. Also, January producer price inflation was up 0.5% m/m and 3.7% y/y. U.S. dollar offers are cited around the CHF 1.1155 level. The euro and British pound moved higher vis-à-vis the Swiss franc as the crosses tested offers around the CHF 1.6230 and CHF 2.1580 levels, respectively.