The Swiss franc dropped in early European deals on Monday, after data showed that Switzerland's consumption indicator dropped slightly in November as fewer car sales weighed on spending.
Data released by the UBS showed that the consumption index fell to 1.29 in November from 1.32 in October.
The franc declined to a 6-day low of 1.2034 against the euro and a 1-week low of 1.5379 against the pound, compared to Friday's closing values of 1.2026 and 1.5358, respectively.
The franc eased to 121.80 against the yen and 0.9880 against the greenback, from early highs of 122.17 and 0.9857, respectively.
The next possible support for the franc is seen around 1.00 against the greenback, 1.21 against the euro, 1.55 against the pound and 120.00 against the yen.
The material has been provided by InstaForex Company – www.instaforex.com