The Swiss franc was barely changed against the euro but retreated against the dollar on Friday after investor sentiment data showed the Swiss economy might be heading for a slowdown next year.
The Swiss currency's easing against the dollar followed US data indicating slower inflation and rebounding factory activity, which strengthened views that the Federal Reserve will keep interest rates stable. The franc was fractionally lower against the euro at 1.5974 per euro, just above a 6-1/2-year low of 1.6002 hit on Wednesday.
Against the dollar, the franc was 0.14 percent easier at 1.2495. Swiss investor sentiment worsened for the fourth month running in November, the ZEW survey showed on Thursday, underscoring views that the Swiss economy may lose steam in line with other European countries next year. Despite slower growth and tame inflation, a 25 basis points SNB interest rate hike to 2.00 percent in December is considered a sure bet among analysts and most see another step in March.
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