USD/CHF: Dollar Eases After Weak Chicago Reading

US Leading Indicators rose slightly less than expected (up 0.1% Vs the consensus +0.2%) but the Chicago Fed activity survey remained weak in November. It is the latter that is cited as trigger for the latest Dollar dip but in reality with European players looking to square up and head out the move lower could be more to do with positioning than sentiment. 1.2210 remains intact on the topside with the stops seen above tipped to be eroding as flat becomes the norm.