The Swiss franc appreciated vis-à-vis the U.S. dollar today as the greenback tested bids around the CHF 1.1145 level and was capped around the CHF 1.1330 level. The pair reached its lowest level since 29 November on growing risk aversion. Escalating commodity prices and heightened geopolitical uncertainties led to safe haven buying of the franc. U.S. dollar offers are cited around the CHF 1.1680 level. The euro and British pound came off vis-à-vis the Swiss franc as the crosses tested bids around the CHF 1.6430 and CHF 2.2090 levels, respectively.