The Swiss franc was broadly unchanged versus the dollar on Wednesday, remaining at 7-month lows versus the greenback, which was still supported by the French rejection of the new European Union constitution. The dollar surged to seven-month highs against the euro in the previous session, ahead of a second vote against the EU constitution expected in the Netherlands on Wednesday. It also rallied versus the Yen.
The dollar last traded at 1.2465/70 francs, up slightly from 1.2450/53 francs in late Tuesday trade in Europe. The euro stood at 1.5354/69 francs, virtually unchanged from 1.5368/73 francs on Tuesday.
Foreign exchange markets will focus on the May Purchasing Managers Index for Switzerland due at 1300 GMT later in the session, for fresh clues about the pace with which the Swiss National Bank will tighten interest rates.
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