• USD/CHF rises to 0.8380 EBS high before US Oct PPI data at 1330 GMT

• 0.8380 is highest level since Oct 14 (0.8395 was EBS 17-month high that day)

• PPI is forecast up 0.4% MM, 6.6% YY; core forecast up 0.3% MM, 5.0% YY

• Hot data would be boost for Fed hawks, and might further inflate the dollar

• USD/CHF bull targets include 0.84 and 0.8475 (EBS high in May 2025)

• SNB set to maintain zero policy rate on Dec 10 (day after expected Fed hike)

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(Robert Howard is a Reuters market analyst. The views expressed are his own)