Swiss franc plunges

The Swiss franc fell to its lowest level in almost a month against the dollar on Monday on a broad greenback rally fuelled by renewed concern over aid for Greece and other indebted eurozone countries. The franc slipped against the dollar to 0.8932 per dollar at 0650 GMT.The dollar has steadily gained against the franc since it hit a record low of around 0.8554 francs on May 4.
But Credit Suisse analyst Marcus Hettinger said he remained bearish on the dollar against the franc. The franc was slightly weaker against the euro compared to the New York close, trading at 1.2608 per euro.