The Swiss franc dipped against the euro on Tuesday, following a remark by a member of the European Central Bank's governing council saying the ECB could raise rates to tame inflation before ending its liquidity support.
The safe-haven Swissie rose more than 15 percent against the euro last year to hit a record high in December. But it has since lost ground against the euro and has been trading near the 1.30 per euro mark. The franc was down 0.1 percent against the euro compared to the New York close, trading at 1.2992 per euro.
The franc was up 0.2 percent against the dollar at 0.9533 per dollar.