Monday, during early European deals, the Swiss franc hit a 5-day high against the pound after a report showed Switzerland's PMI to raise in January. The alpine currency also recouped from a new multi-month low against the yen and showed choppy trading against the dollar and the euro. The Swiss manufacturing sector enjoyed a good month of January, according to the SVME Manufacturing Purchasing Managers Index PMI), which grew to 56.0 in January from the downwardly-adjusted score of 53.7 in December. The Swiss franc recovered from a multi-month low against the yen. Moving up from a low of 84.81 hit at 10:00 pm ET Sunday, the franc rose to 85.37 at 3:45 am ET. Presently, CHF/JPY pair is trading at 85.34, compared to last week's close of 85.14. The Swiss franc showed a choppy trend against the 16-nation currency. Currently, EUR/CHF rally is worth 1.4718. The pair was worth 1.4709 at last week's close. The Swiss franc rose to a 5-day high against the pound. At 3:30 am ET, the franc touched a high of 1.6865 against the British currency. GBP/CHF pair, which closed last week's trading at 1.6980 is now worth 1.6878. Against the greenback, the Swiss franc traded in a tight range between 1.0590 and 1.0627. Presently, the greenback-franc pair is worth 1.0592, compared to last week's close of 1.0611.

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