The State Secretariat for Economic Affairs is scheduled to release Swiss GDP data for the fourth quarter in the pre-European session on Wednesday at 1:45 am ET. The economy is seen expanding 0.2 percent sequentially in the fourth quarter after staying flat in the third quarter.

Ahead of the data, the Swiss franc fell against its major rivals.

As of 1:40 am ET, the Swiss franc was trading at 1.0849 against the euro, 1.3957 against the pound, 0.9988 against the U.S. dollar and 114.26 against the yen.

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