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The Swiss franc declined against other major peers in the European session Tuesday.
Against the US dollar, the currency dropped to a five-day low of 0.9100. The franc decreased to four-day lows of 1.5266 against the pound and 112.36 against the yen. It also retreated to 1.2140 against the euro.
"The German ZEW expectations survey disappointed yet again after seven consecutive months of below-consensus prints. The miss was the largest this year and continues to suggest further loss of momentum," said analysts at JPMorgan.
