Greenback retreats against Swiss Franc before retail sales data

Source: WBP Online
Even though some analysts argue the value of the US Dollar may be lifted by the positive retail sales data to be released tomorrow, the Greenback has been underperforming relative to the Swiss Franc since 09:30 GMT. The demand for the Swiss national currency was prompted after the decrease in the PPI had turned out to be less than expected at -0.1%. USD/CHF fell 0.22%, reaching the level of 0.9641.
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