The Swiss franc fell against the dollar on Tuesday as the greenback benefited from worries European economies might run out of steam. Markets will focus on German business sentiment with the Ifo index expected to hit a fresh 3-year low in August.
Signs of a broadening global economic slowdown have given the dollar a boost in the past month as investors have dumped the currencies of economies that are losing steam. The franc fell 0.4 percent against the dollar compared to the New York close, trading at 1.1003 per dollar. The franc was near flat against the euro at 1.6161 per euro.
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