Swiss Franc Declines Against Majors
July 20 2016 - 11:41PM
RTTF2
The Swiss franc weakened against its key counterparts in early
European trading on Thursday.
The franc slipped to 6-day lows of 1.3104 against the pound and
1.0904 against the euro, compared to Wednesday's closing values of
1.3032 and 1.0872, respectively.
Reversing from an early 2-day high of 0.9842 against the
greenback, the franc edged down to 0.9886.
The franc retreated from an early nearly 4-week high of 108.94
against the Japanese yen and ticked down to 108.23.
If the franc slides further, it may find support around 1.00
against the greenback, 105.00 against the yen, 1.10 against the
euro and 1.34 against the pound.
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