The Swiss franc eased against the US dollar in early trade on Tuesday as stronger-than-expected data on US manufacturing boosted the greenback and ahead of Switzerland's purchasing managers' index data for July. The US Institute for Supply Management's manufacturing index rose to 56.6 in July on Monday, the highest this year, from 53.8 in June. Economists had expected a rise to 54.5.
The dollar last traded at 1.2749/53 Swiss francs, compared with levels around 1.2724/29 in late trading in Europe on Monday. The euro was trading at 1.5573/86 francs compared with levels around 1.5575/80 late on Monday.
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