The Swiss franc ticked higher against the euro and dollar on Thursday, reversing some losses after traders said the Swiss National Bank had repeatedly intervened in the previous session to prevent a rise in the currency. Both the SNB and the Bank for International Settlements (BIS) - which traders said was acting on behalf of the Swiss central bank by selling francs for dollars and euros - declined to comment on the reported intervention.
The franc rose 0.1 percent against the euro compared with the New York close, trading at 1.5278 per euro. The franc rose 0.5 percent against the dollar to 1.0927 per dollar.