Swiss franc falls versus euro

27 May, 2011

The Swiss franc slipped against the euro on Thursday after hitting an all-time high in the previous session, as a report China might be interested in buying Portuguese "bailout bonds" boosted the single currency. The franc surged to a new record high of 1.2297 against the euro on trading platform EBS on Wednesday, as ongoing eurozone debt woes spurred buying of the traditional safe-haven currency.
Against the euro the franc was down 0.5 percent compared to the New York close, trading at 1.2356 francs per euro at 0726 GMT. The franc was up 0.2 percent against the dollar at 0.8711 francs per dollar.

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