Stock Market

The Swiss franc stayed off the 10-month peak on Wednesday hit versus the euro two days earlier, with the market grappling with the rising chance the Swiss central bank might intervene and force the franc down. New Swiss National bank Chairman Philipp Hildebrand reminded markets on January 11 the central bank was committed to preventing any "excessive" rise in the franc after the Swiss unit spiralled to 1.4721 per euro, its strongest since March 2009.