The Swiss franc rose against the dollar on Friday reflecting its safe haven characteristics as investors increasingly shied away from risks and moved out of equities.
Disappointment over latest US housing and jobless data further undermined the greenback, while the euro edged somewhat lower against the franc, hit by soft economic data from the euro-zone, which cooled expectations for higher interest rates. The franc was 0.2 percent higher against the dollar compared to the New York close at 1.0345 per dollar. The franc was 0.05 percent higher against the euro, trading at 1.6244 Swiss francs per euro.
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