NEW YORK, June 9 (Reuters) - The dollar fell 1 percent against the Swiss franc on Tuesday, extending losses against most major currencies.
The dollar fell to a session low of 1.0809 Swiss francs, according to electronic trading platform EBS before recovering to $1.0815.
The dollar rallied late last week and two-year government bond yields rose as better-than-expected U.S. employment data led some to bet the Federal Reserve could raise benchmark U.S. interest rates by late 2009 or early 2010.
But some analysts said markets were getting ahead of themselves, adding the U.S. economy still faces considerable headwinds that will make raising interest rates difficult. (Editing by James Dalgleish)