The traders are now looking for the Italian industrial production for the month of April, followed by the British May Producer price index data shortly after.
In the late hours on Sunday, the Swiss currency lost ground versus the dollar. The Franc touched a low of 1.2374 by about 11:00 pm ET and this was a three-month low for the Franc against the dollar. Soon after, the Franc bounced back some of its losses and as of 3:30 am Eastern Time on Monday, the pair traded at 1.2361.
The Swiss currency traded in a loose range against its European counterpart on late Sunday. At about 10:10 pm ET, the Franc fell briefly but it spiked higher within a few minutes. The Franc carried over its uptrend into the very early hours on Monday and fetched a high of 1.6491 by about 2:35 am ET. This came ahead of the release of the French April industrial and manufacturing production data. Following the release, the Franc lost a few pips and it was quoted at 1.6502 against the euro as of 3:30 am Eastern Time.
The Swiss Franc started trending lower versus the British currency at 7:25 pm Eastern Time on Sunday. The pair thus climbed from 2.4294 to 2.4343 by about 10:40 pm ET. The Franc then gained momentum but by about 12:45 am ET on Friday, it dropped slightly. However, the Franc drifted higher again within about an hour and collected 2.4312 against the Sterling as of 3:30 am Eastern Time.
During late Sunday in New York, the Swiss currency edged down against the Japanese Yen. After hitting as low as 98.25 by about 10:00 pm ET, the pair advanced slightly to 98.43 at 12:15 am ET Monday. Thereafter, the Franc showed choppy trading and it was worth 98.36 Yen as of 3:30 am Eastern Time.
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