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Print Print edition: 2012-03-27

Swiss franc lower

Published Updated

The Swiss franc tracked the euro lower against the US dollar on Monday, giving up some of the steady gains racked up against the greenback over the previous week. The franc fell 0.2 percent against the dollar to trade at 0.9095 compared to the New York close. The franc was little changed against the euro. Despite the muted bounce the dollar could still face renewed pressure as risk sentiment improves, some analysts said.
"The US dollar has slipped over recent days in line with a pull back in Treasury yields," said Credit Agricole's Mitul Kotecha in a note.

Copyright Reuters, 2012

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