The greenback is now losing trimming losses vs. its rivals, with USD/CHF rebounding from the 0.9865/60 band. The pair is giving away part of yesterday’s gains and remains firmly on its way to close the second consecutive week with losses, as the US dollar seems to have resumed its downside today. Just a few releases worth mentioning in the data space this week: the SNB has left its monetary stance unchanged at its meeting yesterday, broadly in line with market expectations, and the US Retail Sales are due later today. Consensus sees headline sales to have expanded 0.3% from October to November. As of writing the pair is up 0.04% at 0.9884 facing the next resistance at 1.0000 (psychological level) followed by 1.0038 (high Dec.7) and finally 1.0335 (2015 high Nov.27). On the other hand, a breach of 0.9807 (100-day sma) would aim for 0.9655 (200-day sma) and then 0.9473 (low Oct.15).