The Swiss franc depreciated vis-Ã -vis the U.S. dollar today as the greenback tested bids around the CHF 1.0775 level and was capped around the CHF 1.0890 level. Technically, today€™s intraday low was right around the 61.8% retracement of the move from CHF 1.0630 to CHF 1.1020. Data released in Switzerland today saw the UBS May consumption indicator decline to 0.77 from 0.91 in April. U.S. dollar offers are cited around the CHF 1.1165 level. The euro weakened vis-Ã -vis the Swiss franc as the single currency tested bids around the CHF 1.5230 level while the British pound moved lower vis-Ã -vis the Swiss franc and tested bids around the CHF 1.7855 level.
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