Swiss franc climbs versus dollar

The Swiss franc climbed against the dollar on Friday and also gained a touch versus the euro, but analysts saw further strength against the greenback unlikely given concerns about the euro zone's debt crisis worsening. The franc has traded almost in tandem with the euro since it was capped at 1.20 francs per euro by the Swiss National Bank on September 6 after safe-haven buyers nearly pushed it to parity, threatening to tip the Alpine economy into recession.
The franc rose 0.7 percent against the dollar compared to the New York close to trade at 0.9157. The franc rose 0.2 percent against the euro to 0.2382 francs per euro.