Swiss Franc gains against US Dollar despite latter’s indecision

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• The Swiss Franc gained slightly against the Greenback on Friday after US Producer Price Index data fell short of estimates. 
• Overall PPI fell and core factory gate prices flatlined for three consecutive months.
• The data substantially increases the probabilities of interest rates falling in the US in the future. 

The Swiss Franc (CHF) gained slightly on Friday against the US Dollar (USD) but weakened a quite a bit for the full week. The USD/CHF pair traded 0.02% lower on Friday but rose 0.26% for the week.