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The Swiss franc ticked higher against the dollar on Friday, closing on a twenty-day high hit the previous session as it mirrored euro gains. The euro was firmer against other currencies on expectations international lenders may soon reach a deal to release the next tranche of aid for Greece. The franc has been trading almost in tandem with the single currency since the Swiss National Bank capped it at 1.20 per euro more than a year ago in order to stave off recession and deflation.
The franc rose 0.1 percent against the dollar compared to the New York close, trading at 0.9342 francs per dollar at 0638 GMT. The franc steady against the euro at 1.2044 francs per euro.

Copyright Reuters, 2012

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