Into North American trading and there is a slew of US data for USD/CHF to negotiate. However, before the likes of April import-export prices and March international trade data (both at 12:30 GMT) can be seen the market will look to the rate verdicts from the BoE and the ECB.
Swiss traders may be pondering the scope for higher and more aggressive tightening from the SNB but the CHF is yet to elicit the support that the Pound and the Euro have managed to achieve.
The European morning started and finished with the option barriers at 1.2200 in focus. Protective offers into the 1.2190's kept the price at bay early-on before the upbeat Swiss data helped rally the Franc.
The data may have some looking for a more aggressive tone from the SNB but this failed to rally the CHF significantly and after the hawkish Fed the Dollar has garnered more support. The dip found only fresh buyers into 1.2155/60 to force a bounce with [EUR/CHF] only managing to eke slightly lower amid the Franc strength. Bids in the cross into 1.6465/70 remain key to further longer-term weakness.
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