The Swiss franc was barely changed against the euro and the dollar on Wednesday as markets geared up for major Swiss economic data later in the week.
In early morning trade the franc was flat against the US currency, trading at 1.2526 to the dollar. And against the euro, the franc was very slightly stronger at 1.5749 per euro.
The franc had lost ground against the dollar towards the end of the last session. Safe haven trades had boosted the Swiss currency following reports Saudi Arabia's king had warned that Israeli attacks on Lebanon and the Palestinians could spark a war in the Middle East. Consumer confidence and home sales data released in the US on Tuesday beat forecasts, pushing the dollar higher.