The Swiss franc looked poised to reverse course following several sessions of losses against the euro after a ratings agency warned about a Greek debt rollover plan, further pouring cold water on any hopes the Greek saga could be resolved soon. On Monday the franc was flat against the euro at 1.2330 per euro at 0647 GMT compared to the New York close. The euro also pared gains against the greenback after the S&P warning.
The franc was also flat against the dollar, trading at 0.8474 per dollar.