The Swiss franc weakened against most major currencies in the early European session on Thursday.

The Swiss franc fell to 0.9698 against the U.S. dollar, from an early 8-day high of 0.9604.

Moving away from an early 2-day high of 1.4283 against the pound and a 1-week high of 123.84 against the yen, the franc edged down to 1.4378 and 122.97, respectively.

If the Swiss franc extends its downtrend, it is likely to find support around 1.00 against the greenback, 1.46 against the pound and 121.00 against the yen.

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