Swiss franc up versus euro

The Swiss franc rose against the euro on Tuesday, with safe haven positioning spurred by ongoing concerns about Greece, but analysts saw big gains as unlikely as markets braced for a eurozone interest rate rise. The franc has repeatedly hit records against the euro this year, lifted by concerns about sovereign debts in Greece and other peripheral euro zone states, and hit its latest peak of 1.1808 on June 27, according to dealing platform EBS, although it has eased somewhat since then.
The franc was up 0.4 percent against the euro at 1.2280 per euro at 0616 GMT compared to the New York close. It was 0.1 percent softer against the greenback, trading at 0.8488 per dollar.