• USD/CHF dips towards 0.7900 as franc strengthens on Swiss inflation surprise

• CPI up 0.1% YY in June vs minus 0.1% forecast, after minus 0.1% YY in May

• Unexpectedly positive print is blow for doves advocating negative SNB rates

• SNB cut rates to zero in June. Next SNB rate decision scheduled for Sept 25

• 0.7873 was 10-and-a-half year EBS low for USD/CHF on Tuesday (July 1)

• U.S. June jobs data due at 1230 GMT: NFP f/c 110k; jobless rate f/c 4.3%

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