(RTTNews) - The Swiss franc climbed against its major counterparts on Friday in New York, peaking at minimally 2-week highs them. Traders mulled a report showing the Swiss leading indicator fell slightly less than expected in June.

The KOF Economic Institute said the Swiss leading index fell to 1.01 in June. The indicator signaled that the GDP growth would slow further in the coming few months. The reading for May was revised to 1.08 from 1.09 estimated earlier and economists had expected a level of one point for the month of June.

The Swiss franc reached a fresh 2 1/2-week high versus the dollar on Friday. The franc rose to 1.0164 by 1:30 pm ET, up from 1.0268 in the early morning.

Investors weighed a report showing US personal consumption increased slightly more than expected in May and a survey showing US consumer sentiment fell to a fresh 28-year low at a slightly worse than expected pace.

Against the euro, the franc climbed to 2-week high on Friday. The franc advanced to 1.6040 by 4:30 am ET, up from an early morning low of 1.6153.

Traders pondered the release of several pieces of key economic reports. A survey showed Euro zone economic sentiment deteriorated more than expected in June, while a separate report showed the Euro zone current account deficit narrowed to a seasonally adjusted EUR0.3 billion in April from a revised deficit of EUR13.2 billion recorded in March.

A report on German consumer prices showed that the inflation rate was in line with expectations while another report on German harmonized consumer prices came in slightly above expectations. Meanwhile, French economic growth was revised down to 0.5% sequentially in the first quarter from an initial estimate of 0.6%.

Versus the pound on Friday, the franc rallied to a 2 1/2-week high. The franc rose to 2.0200 by 4:30 am ET, before pulling back to 2.0316 in the afternoon.

Investors digested a report showing the UK's economy grew less than initially estimated in the first quarter and a separate release showing the UK current account deficit narrowed to GBP8.4 billion in the first quarter, equating to minus 2.4% of GDP.

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