The Swiss franc ticked slightly higher against the euro and dollar on Thursday, as investors favoured the safe-haven currency ahead of an Italian bond sale later in the day. The Swiss franc is trading within striking distance of the 1.20 cap imposed by the Swiss National Bank against the euro, following a brief breach to 1.1990 last week as worries about the health of the eurozone linger.
The franc rose 0.2 percent against the dollar compared to the New York close on Thursday to trade at 0.9152. The franc rose 0.1 percent against the euro.