Swissie has so far spent the week above the parity level. Swiss inflation went positive for the first time after more than two years but that won't prompt SNB to change its policy before ECB moves on rates.

The pair tested 50 DMA yesterday after U.S. inflation and retail sales reports but then turned lower as the dollar was sold across the board. Area between 100 DMA and the parity is the first stronger support to watch.

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