The Swiss franc fell to a fresh one-month low against the euro, extending the previous day's losses spurred by the Swiss National Bank's historic 100 basis point interest rate cut. The SNB slashed rates for the third time in six weeks on Thursday, lowering its target band for the 3-month Swiss franc LIBOR to 0.50-1.50 percent from a previous 1.50-2.50 percent range. "Euro/Swiss has eroded key resistance at 1.5340 and continues to target 1.5520."