Swiss Franc Strengthens Against Majors
06:20, 29th May 2015
(RTTNews) - Reversing direction, the Swiss franc climbed against its major rivals in European deals on Friday.
The franc rose to a 1-week high of 0.9399 against dollar, new 2-week high of 1.4368 against the pound and a 4-month high of 131.55 against the yen, off its previous lows of 0.9479, 1.4495 and 130.75, respectively.
The franc reversed from an early low of 1.0358 per euro, bouncing off to 1.0328.
The franc may possibly find resistance around 0.90 against the greenback, 1.40 against the pound, 133.00 against the yen and 1.00 against the euro.
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