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Concerns about Greek debt problems also sparked demand for the safe-haven Swiss currency.

Traders said stop loss orders were triggered in euro/Swiss franc at 1.2185 francs and an options barrier in dollar/Swiss franc at 0.8450 francs, and the break of these levels helped accelerate gains for the Swiss currency.

The dollar fell one percent to hit a fresh record low of 0.8442 francs while the euro fell to a session low of 1.2160 francs, according to EBS data.