The Swiss franc firmed against the dollar in early European trade on Thursday as investors' focus swung from the relatively quickly resolved U.S. presidential election back to concerns about the health of the U.S. economy. The dollar last traded at 1.1937/43 francs, compared to levels around 1.1980 late on Wednesday, just after news that Democratic Sen. John Kerry had conceded the race. The euro changed hands at 1.5302/07 against 1.5314/23. "Dollar weakness continues to dominate markets," UBS said in its daily market comment. "The U.S. elections could not decisively brush aside the ongoing concerns about the future course of the U.S. economy and thus the European and Swiss economy," it added. The dollar was under pressure across the board from speculation that the re-election of U.S. President George W. Bush would mean current economic policies would stay intact and that the administration would tolerate a weaker dolalr to help narrow a record trade deficit. Domestically, investors will watch for Swiss consumer price inflation for October as well as consumer sentiment, both due at 0645 GMT.||||