The Swiss franc appreciated vis-à-vis the U.S. dollar today as the greenback tested bids around the CHF 1.0260 level and was capped around the CHF 1.0420 level. The pair lost 2.98% in 2009. Swiss National Bank member Hildebrand announced the central bank will announce new liquidity and capital requirements in 2010. Data released in Switzerland today saw December manufacturing PMI fall to 54.6 from 56.9 in November. U.S. dollar offers are cited around the CHF 1.0615 level. The euro moved higher vis-à-vis the Swiss franc as the single currency tested offers around the CHF 1.4890 level while the British pound depreciated vis-à-vis the Swiss franc and tested bids around the CHF 1.6545 level.

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