The Swiss franc weakened against the dollar on Tuesday after a report showed the United States attracted enough funds to finance its massive trade gap in June, thus supporting the US currency.
The US attracted $71.2 billion in foreign capital in June, the largest net inflow to US assets since February and more than enough to cover the trade deficit in that month, the US Treasury International Capital report, published on Monday, showed.
The dollar last traded at 1.2571/73 Swiss francs, up from 1.2542/44 francs hit in late trading in Europe on Monday. The euro was trading at 1.5520/24 francs, from 1.5512/14 francs on Monday.
Domestically, markets will look ahead for Swiss economic data, including combined producer and import prices for July and June retail sales, due later in the week.
Six economists surveyed by Reuters on average expect the Swiss producer and import price index, due at 0715 GMT on Friday, to have risen 0.4 percent from June and 1.0 percent year-on-year.