Worries about the United States losing its sterling credit rating and the saga of the eurozone debt crisis sent the Swiss franc to record highs against both the dollar and the euro on Thursday. The safe-haven franc has repeatedly hit records against both currencies in the past six months as investors fret about debts in the euro zone and the United States.
The franc hit a new peak of 1.1494 against the euro according to dealing platform EBS but then weakened, trading at 1.1513 per euro at 0650 GMT. Comments by US Federal Reserve Chairman Ben Bernanke that the Fed could inject more stimulus, should the US economy slow, helped send the franc to a record of 0.8080 per greenback, according to EBS. The franc was trading at 0.8162 per dollar.