The Swiss franc firmed against the dollar on Thursday as the greenback slipped in a broad move after a weak report on US orders for durable goods in the previous session. The dollar slipped against the euro and the franc after the weak data shook the conviction of traders who had been making short-term bets. The moves were aggravated by technical factors.
The dollar last traded at 1.2606/09 Swiss francs, down from 1.2665/68 francs in late trading in Europe on Wednesday. The euro stood at 1.5503/06 francs from 1.5520/25 francs on Wednesday.