The greenback fell from 1.0225 versus Swiss franc during Asian trade and was supported at 1.0135 at the beginning of the European session. Then US dollar managed to jump and overcome September 3 maximum at 1.0234.

US currency is attempting to break above the upper limit of the recent trading range in 1.0059/1.0236 area. If the pair USD/CHF gets above 1.0236, it will mean the resume of an uptrend.

Currency strategists at UBS AG in London note the investors diminished their demand for Swiss franc as risk sentiment improved on positive economic data of China the exports of which gained 34.4% in August.

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