Swiss Franc Falls Against Most Majors
March 04 2015 - 4:02AM
RTTF2
The Swiss franc weakened against most major currencies in the
early European session on Wednesday.
The Swiss franc fell to more than 1-1/2-month lows of 1.4789
against the pound and 124.23 against the yen, from early highs of
1.4738 and 124.63, respectively.
Against the U.S. dollar, the franc dropped to more than a
1-1/2-month low of 0.9630 from an early high of 0.9600.
If the Swiss franc extends its downtrend, it is likely to find
support around 1.56 against the pound, 1.03 against the U.S. dollar
and 113.01 against the yen.
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