December Swiss Franc futures fell to its lowest level since November 11th, marking its fourth straight down session and its worst day since October 29th. The currency is down 2.2% since its November 14th high. Switzerland's economy contracted by 0.5% in the third quarter, the first negative quarter-over-quarter GDP print since 2003, which is mostly bearish for the Swiss Franc. A weaker economy reduces investor appeal, heightens the likelihood of slower stock market earnings, and dampens expectations for the Swiss National Bank to raise rates. The U.S. dollar also had its best session since October 9th, picking up strength after the U.S. Bureau of Labor Statistics canceled the October jobs report. This news caused the probability of a December 25 basis point rate cut to fall from 50% to 36.2%, which boosted the dollar and pressured Swiss Franc futures along with other major pairs.