The Swiss franc weakened against the other major currencies in the European session on Monday.

The Swiss franc fell to 1.0289 against the euro, 1.4294 against the pound and 124.16 against the yen, from an early near 3-month high of 1.0236, a 2-week high of 1.4196 and nearly a 2-week high of 125.11, respectively.

Against the U.S. dollar, the Swiss franc edged down to 0.9572 from an early high of 0.9499.

If the Swiss franc extends its downtrend, it is likely to find support around 1.05 against the euro, 1.48 against the pound, 121.50 against the yen and 0.99 against the greenback.

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