Swiss franc little changed versus dollar and euro

The Swiss franc was trading broadly unchanged against the dollar and euro on Wednesday, after the greenback had come under pressure in the previous session on the back of disappointing US economic data.
A weaker-than-expected US Institute for Supply Management services index of 56.7 percent weighed on dollar sentiment and fuelled the view that the US Federal Reserve Bank could be slower in raising interest rates than previously thought.
The same could hold true for Switzerland, dealers say, with forecasts, such as those from Credit Suisse released on Tuesday, cementing the view that domestic growth will soon peak.
The dollar traded at 1.2623/27 francs, from levels around 1.2621/26 late on Tuesday, while the euro last changed hands at 1.5538/44 francs, from 1.5539/44.