Swiss Franc Falls Against Most Majors

04:56, 31st October 2014

(RTTNews) - The Swiss franc weakened against most major currencies in the early European session on Friday.

The Swiss franc fell to nearly a 3-week low of 1.5360 against the pound and nearly a 4-week low of 0.9621 against the U.S. dollar, from early highs of 1.5290 and 0.9555, respectively.

Pulling away from an early 4-day high of 1.2052 against the euro, the franc fell to an 8-day low of 1.2067.

If the Swiss franc extends its downtrend, it is likely to find support around 1.54 against the pound, 0.97 against the greenback and 1.209 against the euro.