The Swiss franc stampeded to a new peak against the dollar on Monday, with risk aversion on the rise after ratings agency Standard & Poors cut the credit rating of the United States. Worries about debts in the eurozone also helped lift the franc against the euro, but gains in the Swiss unit were capped by the European Central Bank's announcement of bond buying plans.
The franc rose 0.3 percent against the dollar to trade at 0.754 by 0558 GMT compared to the New York close on Friday. The franc rose 0.7 percent against the euro, trading at 1.0805 per euro.