The Swiss franc was poised to tick down against the dollar alongside with the euro as investors shunned risk following an initial vote in France's presidential election and as the eurozone's debt crisis rumbled on. The franc was flat against the euro, trading at 1.2013 compared with Friday's New York close. The franc was down 0.5 percent against the greenback at 0.9131 per dollar.
To help contain Europe's debt crisis, countries at the weekend agreed to double the firepower of the International Monetary Fund. Switzerland agreed to contribute, though the move must be approved by the parliament in Berne. "Political risks are once again becoming a topic for the near future," Commerzbank analysts said.