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Swiss Franc Spikes Up Against Most Majors

03:28, 29th July 2016

(RTTNews) - The Swiss franc gained ground against most major counterparts in European trading on Friday.

The franc advanced to a 4-day high of 1.0821 against the euro, more than 2-week high of 1.2830 against the pound and more than a 3-week high of 0.9737 against the dollar, off its early lows of 1.0867, 1.2944 and 0.9809, respectively. If the franc extends rise, it may find resistance around 1.05 against the euro, 1.26 against the pound and 0.95 against the greenback.

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