The Swiss franc held higher levels against the dollar in early European trade on Friday, after the greenback yielded the gains of recent weeks in the previous session, in what dealers said was technically driven trading.
The dollar shed 2 Swiss centimes in the previous session in technically driven trading as investors were forced to sell the dollar and buy euros to cut their losses as the European unit rallied.
Others pointed to concerns about US jobs data due on Friday which is expected to show a hurricane-induced drop that may point to signs of weakness in the US economy. Locally, Swiss jobless data for September is due at 0545 GMT.
Also on Thursday, The European Central Bank left interest rates unchanged at 2 percent but appeared to toughen its anti-inflation warnings, saying strong vigilance is essential.
The dollar last traded at 1.2731/35 Swiss francs, from 1.2754/56 francs in late trading in Europe on Thursday. The euro stood at 1.5488/93 francs, compared to 1.5466/71 on Thursday.