The Swiss franc eased a touch against the dollar in early trade on Tuesday as traders adjusted their holdings ahead of the holiday season and awaited Swiss economic data later on the day. The dollar traded higher at 1.1489 francs after levels around 1.1469/74 late on Monday in Europe. The dollar had touched a low of 1.1380 during the previous week, ahead of the Swiss National Bank's decision on Thursday to leave interest rates unchanged at 0.75 percent.
The euro last changed hands at 1.5384/89 francs compared with levels around 1.5366/71 on Monday.
Market players will keep an eye out for Swiss trade data and producer and import prices, due later in the session.
"It remains to be seen, whether the upcoming Swiss PPI & IPI data for November scheduled for release on Tuesday will reinforce market expectations of increased price pressures for Switzerland," UBS said in a note.
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