The Swiss franc fell against the dollar on Friday ahead of US inflation data due later in the session, which could support expectations of rate hikes in the United States.
"There are no strong movements today. But expectations that US inflation will be higher could be putting the franc under pressure as this data would support the warnings of (Federal Reserve Chairman) Ben Bernanke and strengthen the case for rate hikes," said Clariden Leu analyst Sandro Baechli. The franc had fallen 0.25 percent against the dollar compared to the New York close, trading at 1.0428 per dollar. Against the euro, the franc was largely flat at 1.6085.
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