ZURICH, Jan 21 - The Swiss franc was mostly unchanged in early trading on Wednesday against the dollar and euro after data on Tuesday showed little evidence of any inflationary pressure in the Swiss economy. Swiss producer and import price data for December was subdued indicating the Swiss National Bank does not have to worry about inflationary pressures for the time being and can hold interest rates around record low levels as the country recovers from a double dip recession. Traders could not make up their minds whether the dollar's brief rebound had ended as U.S. President George W. Bush's State of the Union address provided little market direction. The dollar traded at 1.2478/83 francs versus 1.2464/69 late on Tuesday when the dollar tumbled. The euro edged up to 1.5707/12 francs from 1.5687/92 on Tuesday, near its highest level in over two months. "Despite various attacks on the previous highs above 1.57, a decisive break have not taken place so far," said UBS in its daily note, adding it expected the euro to give up ground. SNB Chairman Jean-Pierre Roth is due to give a speech on Thursday and the market will be watching that for any clues on monetary policy.//