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Print Print edition: 2011-01-12

Swiss franc slows fall versus euro

Published Updated

The Swiss franc on Tuesday slowed its fall against the euro after dipping sharply from near record highs the previous day, as investors look to euro bond auctions for clues on the eurozone's financial stability. The safe-haven franc, which rose about 16 percent against the euro last year due to concerns about eurozone debt, has eased from the all-time peak of 1.24 per euro hit on December 30, according to Reuters data.
The franc was 0.1 percent lower against the euro compared to the New York close, trading at 1.2553 per euro at 0804 GMT. The franc was 0.4 percent down against the dollar at 0.9711 per dollar.

Copyright Reuters, 2011

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