The Swiss franc was steady against the dollar in early Friday trading and remained around 12-month highs against the euro as concerns about higher oil prices supported the safe haven currency. The dollar traded at 1.2503/07 francs from 1.2526/30 late on Thursday, while the euro idled at 1.5271/76 francs after 1.5276/81. The market continued to digest OPEC's decision on oil and looked ahead to U.S. employment data later in the day for clues on interest rates. The payroll figures are the last major data before the Federal Reserve meets on June 29-30. Closer to home, the Swiss National Bank holds it key quarterly policy review on June 17. The market widely expects the bank to keep interest rates at record lows, close to zero. The SNB is reluctant to give investors another excuse to hold franc assets by hiking rates amid political and economic uncertainty which have boosted the safe haven currency. A higher franc hurts Swiss exporters, one of the key driving forces of the domestic economy, along with consumers. Concerns about the impact of higher oil prices on a global economic recovery have pushed back expectations for a rate cut into the second part of the year. Earlier this week, Swiss purchasing managers reported lower growth in manufacturing suggesting the pace of the recovery may be losing momentum.///