The Swiss franc gained marginal ground vis-Ã -vis the U.S. dollar today as the greenback tested bids around the CHF 1.1235 level and was capped around the CHF 1.1300 figure. Most traders believe Swiss National Bank will not raise interest rates later this week while others believe the central bank will lift rates by 25bps or so. Dollar offers are cited around the CHF 1.1390 level. The euro and British pound moved higher vis-Ã -vis the Swiss franc as the crosses tested offers around the CHF 1.6595 and CHF 2.3100 levels, respectively.
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