The Swiss franc rose against the euro and the dollar on Tuesday as speculation over a more aggressive monetary policy by the Swiss National Bank persisted. Markets' attention will turn to economic data for the next two days, with the UBS consumption indicator due later in the session and the KOF leading growth indicator due on Wednesday.
The franc was 0.15 percent stronger at 1.6515 francs per euro, well off the 9-year low hit a week ago at 1.6673. The franc was also 0.06 percent higher against the dollar at 1.2278 per dollar.
The focus will remain on the SNB after the central bank let rates at its daily repo auction rise last week, an unusual escalation that pushed the franc up from 9-year-lows against the euro as markets began to price in a more aggressive tightening.
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