The Swiss franc lost slightly against the US dollar on Wednesday after the greenback's rally against major currencies in the previous session in a largely technically driven move.
Traders used US housing data as an excuse to drive the US currency higher in an illiquid session on Tuesday ahead of the holiday season, pushing the dollar up around 1 percent or more against the euro, yen and Swiss franc.
The dollar last traded around 1.3088/91 francs versus 1.3060/65 late in Europe on Tuesday. The euro was trading flat at 1.5533/35 francs from 1.5538/43 francs.
Foreign exchange traders in Switzerland will be eyeing trade balance data for the export-dependent economy due on Thursday, but the figures may fail to provide the franc further direction just like producer and import prices that were out on Tuesday.
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