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Franc Mixed Ahead Of Swiss Retail Sales Data

Switzerland's retail sales data for February is due at 3:15 am ET Tuesday. In January, sales grew 0.3 percent.

Ahead of the data, the Swiss franc showed mixed trade against its most major rivals. It rose against the U.S dollar and the Euro, but held steady against the Pound and the Yen.

As of 3:10 am ET, the Swiss franc was trading at 1.2199 against the Euro, 1.4764 against the Pound, 0.8877 against the U.S dollar and 115.90 against the Yen.

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A busy week for economics saw the release of first quarter growth figures for the U.S. economy and the interest rate decision in Japan. Read our stories to find out why the GDP data damped market sentiment in the U.S. and what were the signals given out by the Bank of Japan. Other news this week included new home sales data and jobless claims figures from the U.S., and the latest purchasing managers' survey results for the Eurozone.

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