The Swiss franc moved lower vis-à-vis the U.S. dollar today as the greenback tested offers around the CHF 1.1775 level and was supported around the CHF 1.1590 level. Data released in Switzerland today saw real retail sales climb 3.6% y/y in December. U.S. dollar offers are cited around the CHF 1.1815 level. The euro moved lower vis-à-vis the Swiss franc as the single currency tested bids around the CHF 1.4770 level while the British pound moved higher vis-à-vis the Swiss franc and tested offers around the CHF 1.6760 level.
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