USD/CHF trades around 0.7960 on Monday at the time of writing, up 0.50% on the day, and remains supported after the release of mixed data from Switzerland. Swiss Real Retail Sales rose by 2.3% YoY in November, below market expectations of a 2.9% increase but slightly above the previous 2.2% gain.
EUR/USD has opened the week on the same soft tone that closed the previous one. The pair trades at four-week lows of 1.1690 at the time of writing, with traders trying to look ahead to the US intervention in Venezuela into a slew of key US macroeconomic releases due later in the week.
EUR/USD opened the year with marginal losses, trading around 1.1740 at the time of writing after having peaked at above 1.1800 in late December.