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The euro hit a new record low against the franc of 1.0710, while the dollar hovered above its historic trough from Wednesday of 0.7663, rising 0.4 per cent during the session, reported Reuters.
Only comments by Swiss National Bank chairman Philipp Hildebrand stopped the Swiss money from climbing further, with the senior banker saying he will act if his nation's currency strengthens any more.
Speaking to the news agency, currency strategist at Citi Todd Elmer suggested the Japanese yen - another safe-haven option - will face international opposition if the country chooses to intervene again.
"If they want to be successful in introducing two-way risk into the market I think we're going to need to see further action." he explained.
Meanwhile, the European Central Bank's decision to hold interest rates and start buying eurozone bonds again were "interpreted badly", Oppenheimer Funds vice president and portfolio manager Alessio de Longis told Dow Jones.
Posted by Greg Secker
