The Swiss franc looked poised for further gains on Monday as investors, worried about the unrest in Egypt, are putting money in traditional safe havens such as the franc. Recent upbeat news from the Swiss economy and confident comments from the Swiss National Bank were also seen supporting the franc.
The franc was little changed against the euro compared to Friday's New York close, trading at 1.2819 per euro. The franc was also near flat against the dollar at 0.9405 per dollar.