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The Swiss franc trod water against the euro and firmed against the dollar in early Monday trading, with Friday's release of weaker than expected US consumer confidence data weighing on the greenback. The dollar traded at 1.1857/63 francs, compared to levels around 1.1901/04 francs in late European trading on Friday while the euro changed hands at 1.5465/71 francs from 1.5476/81 francs.
The market is looking ahead to the key KOF leading indicator for January, due on Friday.

Copyright Reuters, 2005

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