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The Swiss franc was slightly stronger against the euro, the dollar and the yen in early trading on Tuesday as markets set their sights on Swiss jobless data on Wednesday and a weekend meeting of G7 finance ministers. Swiss unemployment data for January is expected to give more insight into how far strong business sentiment is feeding into the domestic economy.
Even if Wednesday's jobs data confirms a decline in the number of job seekers, economists say it is unlikey to prompt the Swiss National Bank to accelerate monetary tightening.
The franc was slightly firmer against the euro at 1.6135 francs per euro, after hitting another eight-year low at 1.6262 francs last week. The franc was flat against the US currency at 1.2489 per dollar. Against the yen, the franc was almost unchanged at 96.39 yen to the franc.

Copyright Reuters, 2007

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