The euro slid against the Swiss franc on Monday in choppy trading, with further losses likely after European finance ministers delayed a decision on the next tranche of Greece's financial aid. The euro did recoup losses against the dollar, yen, and sterling, but traders said its performance against the Swiss franc has of late reflected investors' true sentiment on the eurozone's single currency.
Midway through the US session, the euro fell 0.7 percent against the Swiss franc to 1.2048 francs. The euro was little changed against the dollar, recovering from losses that took it as low as $1.41910. It was last at $1.43159, well above a three-week low of $1.40730 hit on Thursday on trading platform EBS. The euro earlier hit session highs at $1.43280 in the wake of comments from EFSF's Regling.
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