FXstreet.com (C�rdoba) ? The Swiss Franc reinforced its status as a safe haven and reached new record highs versus the Dollar, the Pound and the Euro on the back of risk aversion and market worries. Stocks in Europe and in the US broke to the downside, extending weekly losses after the release of growth data in the US that came in worst-than-expected.

As stocks tumble, gold soars and crude oil plummets, the Swissy jumps in the market on Friday and is rising even against the Yen, the other currency that usually appreciates on a risk aversion environment. CHF/JPY rose to 97.95, hitting the highest price since September 2008 while USD/CHF broke below 0.7900 and fell to 0.7860, new all time low after a 140-pips decline.

Against the Euro and the Pound, the Swiss Franc resume its bullish trend at the beginning of the week and today accelerated the upside, reaching new record highs after the release of US GDP data. EUR/CHF bottomed at 1.1308 (a week ago was trading above 1.1800) while GBP/CHF sank to 1.2905, 500 pips below the price level it had exactly a week ago.

Versus commodity currencies the Swissy is also rallying particularly against the Loonie. CAD/CHF is trading at the lowest level in decades.