Overall, the Swiss franc was the biggest beneficiary of the demand for safe havens, pushing the dollar to an all-time low of 0.80210 francs on trading platform EBS. The dollar has fallen in three of the last four sessions against the Swiss currency. It last traded at 0.8058, down 1.5 percent on the day.
"While a deal is still likely to be reached in the 11th hour every day that passes is likely to see investors become increasingly unwilling to hold dollar denominated assets," Esiner said.
The euro also fell versus the franc, dropping as much as 1.7 percent, as did sterling. Traders reported heavy selling of the pound ahead of Tuesday's UK gross domestic product data for the second quarter.
The U.S. debt ceiling stalemate, however, helped the euro gain against the dollar. It last traded at $1.4374, up 0.2 percent on the day, according to Reuters data.
Gold too is at record highs thanks to Republican economic terrorism.
Gold surged to a record high and oil and other commodities fell on Monday as investors flocked to safer assets with time quickly running out for U.S. lawmakers to reach a debt deal, raising the prospects for a disastrous default.
U.S. lawmakers appeared further apart than ever on a broad deficit reduction deal that would clear the way for Congress to raise the $14.3 trillion debt ceiling as the clock ticked toward an Aug. 2 deadline.
Failure to resolve their differences in eight days could trigger global economic calamity and downgrade America's Triple-A credit rating.
The uncertainty lifted gold to above $1,620 an ounce, the fifth record high for bullion in less than two weeks.
Republicans are destroying our currency here on purpose and are hoping you'll blame Obama. There literally isn't anything they won't do in order to try to "win" in 2012...including destroying the dollar and our economy.
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