The Swiss franc extended losses against the euro on Friday, a day after its sharpest one-day fall against the single currency since September on hawkish European Central Bank comments and solid sales of Spanish debt. The franc dropped a further 0.4 percent against the euro compared to the New York close, trading at 1.2929 francs per euro at 0758 GMT.
The franc was also lower against the dollar, slipping 0.1 percent to 0.965 francs per dollar. The euro remained on track for its largest weekly rise against the franc since March 2009, boosted by strong support for peripheral eurozone bond sales and a surprise hint from ECB President Jean-Claude Trichet that the bank could raise interest rates to combat inflation.