Swiss franc steadies

The Swiss franc was little moved against the euro on Thursday as improving risk appetite, flagged by overnight gains on Wall Street and a solid open on European bourses, was held in check by persisting Greek debt concerns. Even so analysts said a lack of further negative on the possibility Greek debt would need restructuring convinced some investors to add to their risk positions.
The franc was stable against the euro compared to the New York close, trading at 1.2551 francs per euro at 0735 GMT. The franc traded unchanged against the dollar at 0.8809 francs per dollar.