The Swiss franc hit its lowest level this year against the euro in early trading as traders bought euros and sold francs on expectations the European Central Bank could raise interest rates on Thursday. The franc fell 0.4 percent against the euro compared to the New York close, trading at 1.3207 francs per euro at 0643 GMT having earlier hit 1.3236, its lowest mark since late November.
The franc was 0.1 lower percent against the dollar at 0.9259 francs per dollar.