The Swiss franc traded little changed against the dollar and euro early on Monday ahead of a US Federal Reserve meeting this week, where markets expect an interest rate rise and will be looking for signals on future policy direction.
The dollar traded at 1.2706/10 francs in early European dealing compared with 1.2706/11 late on Friday, while the euro last changed hands at 1.5460/65 francs, compared to around 1.5464/69.
The US Fed is expected to raise the federal funds rate by 25 basis points after Tuesday's meeting, following rises in June and August.
But more importantly markets will be looking for direction from the Fed after recent data cast doubt on the strength of the economy.
Last week, the Swiss National Bank raised key interest rates by a quarter percentage point for the second time this year but said rates were still low enough to help the economy continue to recover from recession.