The Swiss economy lacks fundamentals, where the main highlight will be on US ISM non-manufacturing composite due at 02:00 GMT with expectations referring to a rise to 59.9 in March from 59.7. Also, minutes of FOMC meeting are scheduled to be out at 18:00 GMT.
The dollar advanced against Franc on Friday after the upbeat non-farm payrolls which showed the addition of 216,000 jobs while unemployment dropped to 8.8% from the previous 8.9%, providing strong evidence the US labor market is vagarious and raising chances that the Fed would tighten monetary policy.
Later in the week, the Swiss economy will release important inflation and unemployment data that may determine the next monetary action by the SNB which is expected to keep interest rate steady in April to increase the chances of seeing further rise in the pair.
Originally posted here
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